September 21, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.01%.
Market movers: LASACO (+4.00%), WAPCO (+3.08%), WAPIC (-8.11%), and TRANSCORP (-3.33%).
Sector Performances: Industrial (+0.19%), Consumer Goods (-0.06%), Banking (-0.02%), and Oil & Gas.
Market activity: In today’s early trade, total volume and value rose by 3% and 48% respectively, compared to last week Friday, as investors have traded about 67million units of shares worth approximately N1.05billion. UBA (-0.83%) is the most actively traded stock thus far with about 11million units of shares accounting for about 16% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTN, the market may close up today if the gains in Industrial names persist.