October 13, 2021/InvestmentOne Update
ASI as at 12.00pm: +0.25%
Market movers: TRANSCOHOT (+9.94%), CHAMPION (+9.88%), HONYFLOUR (-5.33%) and IKEJAHOTEL (-4.55%)
Sector Performances: Banking (+1.02%), Oil and Gas (+0.51%), Consumer Goods (+0.26%), and Industrial (+0.08%)
Market activity: In today’s trade, total volume and value decreased by 53% and 38% respectively compared to this time yesterday, as investors have traded about 184million units of shares worth N2.15billion. FBNH (+3.76%) is the most actively traded stock thus far with about 92million units of shares accounting for about 50% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTN, the market may close positive today if the gains across sectors persist.
