November 30, 2021/InvestmentOne Update
ASI as at 12.00pm: -0.14%
Market movers: REGALINS (-10.00%), UPDC (-9.32%), AIICO (+7.89%) and MBENEFIT (+3.85%).
Sector Performances: Banking (-0.98%), Consumer Goods (-0.19%), Oil and Gas and Industrial.
Market activity: In today’s trade, total volume and value decreased by 42% and 55% respectively, compared to this time yesterday, as investors have traded about 58million units of shares worth N453 million. AIICO (+7.89%) is the most actively traded stock thus far with about 6 million units of shares accounting for about 10% of the total volume.
Likely close: In the absence of significant gains in the prices of DANGCEM and MTNN, the market may close negatively today if the losses recorded in the Banking and Consumer Goods sector persist.
