November 10, 2021/InvestmentOne Update
ASI as at 12.00pm: +0.64%
Market movers: NEIMETH (+10.00%), MULTIVERSE (+10.00%), REDSTAREX (-9.86%), and CHIPLC (-8.33%).
Sector Performances:, Consumer Goods (+0.08%), Banking (-0.80%), Industrial, and Oil and Gas.
Market activity: In today’s trade, total volume and value decreased by 65% and 57% respectively, compared to this time yesterday, as investors have traded about 54million units of shares worth N498 million. TRANSCORP is the most actively traded stock thus far with about 11million units of shares accounting for about 20% 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 in MTNN and the Consumer Goods sector persist.
