September 29, 2021/InvestmentOne Update
ASI as at 12.00pm: +0.06%
Market movers: CHAMS (+9.09%), NNFM (+6.88%), MANSARD (-10.00%) and WEMABANK (-6.10%).
Sector Performances: Banking (+0.11%), Consumer Goods (+0.07%), Oil and Gas and Industrial.
Market activity: In today’s trade, total volume and value decreased by 35% and 18% compared to this time yesterday, as investors have traded about 286million units of shares worth N1.84billion. FBNH (+5.96%) is the most actively traded stock thus far with about 191million units of shares accounting for about 67% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTN, the market may close in the green today if the gains in the Banking and Consumer Goods sectors persist.
