November 11, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.09%.
Market movers: NEIMETH (+10.00%), GLAXOSMITH (+9.85%), MAYBAKER (-9.33%) and REGALINS (-8.33%).
Sector Performances: Oil & Gas (+1.07%), Industrial (+0.85%), Consumer Goods (+0.08%) and Banking (-0.55%).
Market activity: In today’s early trade, total volume and value rose by 48% and 4% respectively compared to this time yesterday, as investors have traded about 327million units of shares worth N2.45billion. TRANSCORP (+9.80%) is the most actively traded stock thus far with about 120million units of shares accounting for about 37% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTN, the market may close up today if the gains across most sectors persist.
