May 22, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.90%.
Sector Performances: Industrial (+6.02%), Oil & Gas (+0.45%), Banking (+0.41%), and Consumer Goods (+0.38%).
Market activity: In today’s early trade, total volume and value fell by about 23% and 47% respectively compared to this time yesterday as investors have traded 93million units of shares worth about N848million. UBA (+0.75%) is the most actively traded stock thus far with about 26million units of shares accounting for about 28% of the total volume.
Likely close: In the absence of significant losses in the prices of MTNN and DANGCEM, the market may close up today if the gains in all sectors persist.a