December 3, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.36%.
Market movers: MBENEFIT (+9.52%), UPL (+5.67%), ETI (-4.76%) and UBA (-4.62%).
Sector Performances: Banking (-1.01%), Consumer Goods (-0.02%), Oil & Gas and Industrial.
Market activity: In today’s early trade, total volume and value rose by about 79% and 918% compared to yesterday as investors have traded about 134million units of shares worth N5.37billion. MTNN (+3.23%) is the most actively traded stock thus far with about 27million units of shares accounting for about 20% 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 buy interest in MTN persists.
