November 9, 2020/InvestmentOne Update
ASI as at 12.00pm: +2.65%.
Market movers: LINKASSURE (-9.76%), LIVESTOCK (+9.43%), NCR (-10.00%) and PRESCO (-5.90%).
Sector Performances: Banking (+4.71%), Industrial (+2.45%), Consumer Goods (+0.94%) and Oil & Gas (+0.22%).
Market activity: In today’s early trade, total volume and value rose by 21% and 293% respectively compared to this time last week Friday, as investors have traded about 321million units of shares worth N5.08billion. ZENITHBANK (+5.61) is the most actively traded stock thus far with about 40million units of shares accounting for about 12% of the total volume.
Likely close: In the absence of significant gains in the prices of DANGCEM and MTN, the market may close up today if the gains across all sectors persist.
