November 2, 2021/InvestmentOne Update
ASI as at 12.00pm: +0.25%
Market movers: CHAMS (+8.70%),LASACO (+8.33%), SOVRENINS (-8.33%), and UNITYBNK (-6.90%).
Sector Performances: Industrial (+1.21%), Oil and Gas (+1.18%), Consumer Goods (+0.07%), and Banking (-0.88%).
Market activity: In today’s trade, total volume decreased by 19% while total value increased by 12% , compared to this time yesterday, as investors have traded about 121million units of shares worth N978million. UBA (-0.58%) is the most actively traded stock thus far with about 28million units of shares accounting for about 23% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTN, the market may close northwards today if the gains across most sectors persist.
