December 4, 2020/InvestmentOne Update
ASI as at 12.00pm: +1.94%.
Market movers: TRANSCORP (+10.00%), BUACEMENT (+9.89%), FCMB (-6.01%) and CHAMS (-4.35%).
Sector Performances: Industrial (+4.58%), Banking (+3.34%), Consumer Goods (+0.51%) and Oil & Gas (+0.30%).
Market activity: In today’s early trade, total volume and value fell by 95% and 97% respectively compared to this time last week Thursday as investors have traded about 37million units of shares worth N275million. FCMB (-6.01%) is the most actively traded stock thus far with about 14million units of shares accounting for about 38% 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 in most sectors persist.
