September 23, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.11%.
Market movers: JAIZBANK (+3.51%), TRANSCORP (+1.67%), ROYALEX (-6.90%), and NPFMCRFBK (-6.15%).
Sector Performances: Banking (+0.15%), Oil & Gas (+0.07%), Consumer Goods (+0.03%) and Industrial.
Market activity: In today’s early trade, total volume and value rose by 131% and 1% respectively, compared to this time yesterday, as investors have traded about 203million units of shares worth approximately N2.01billion. STERLNBANK (-0.86%) is the most actively traded stock thus far with about 81million units of shares accounting for about 40% 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 most sectors persist.