August 26, 2021/InvestmentOne Update
ASI as at 12.00pm: +0.05%.
Market movers: ETERNA (+9.97%), SOVRENINS (+9.09%), IKEJAHOTEL (-10.00%) and ABCTRANS (-8.33%)
Sector Performances: Oil and Gas (+0.28%), Consumer Goods (+0.11%), Banking +0.07%) and Industrial.
Market activity: In today’s early trade, total volume and value increased by 67% and 83% compared to this time yesterday as investors have traded about 70million units of shares worth N468million. MBENEFIT(-3.12%) is the most actively traded stock thus far with about 11million units of shares accounting for about 16% 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.
