March 2, 2020/InvestmentOne Update
ASI as at 12.00pm: -0.42%.
Market movers: CAP (-9.96%), WAPIC (-9.38%), LAWUNION (+10.00%) and UAC-PROP (+8.43%).
Sector Performances: Banking (-2.34%), Oil & Gas (-0.35%), Industrial (-0.08%) and Consumer Goods (+0.01%).
Market activity: In today’s early trade, while total volume declined by 2%, total value rose by 15% compared to this time last Friday as investors have traded 131million units of shares worth about N1.71billion.
GUARANTY (-3.36%) is the most actively traded stock thus far with about 46million units of shares accounting for about 35% of the total volume.
Likely close: In the absence of a significant gain in the prices of DANGCEM and MTNN, the market may close down today if the losses in most sectors persist.
