October 27, 2021/InvestmentOne Update
ASI as at 12.00pm: -0.03%
Market movers: CHIPLC (-10.00%), PZ (-7.69%), LIVESTOCK (+8.89%) and CHAMS (+4.35%),
Sector Performances: Consumer Goods (-0.07%), Banking (+0.23%), Oil and Gas (+0.19%) and Industrial (+0.07%).
Market activity: In today’s trade, total volume increased by 6%, while value decreased by 19% compared to this time yesterday, as investors have traded about 92million units of shares worth N838million. FBNH (-3.23%) is the most actively traded stock thus far with about 23million units of shares accounting for about 25% of the total volume.
Likely close: In the absence of significant gains in the prices of DANGCEM and MTN, the market may close southward today if the loss in the consumer goods sector persist.
