March 10, 2020/InvestmentOne Update
ASI as at 12.00pm: -4.04%.
Market movers: MTNN (-10.00%), GUARANTY (-9.93%), TRANSCORP (+3.90%) and NEM (+1.16%).
Sector Performances: Banking (-11.24%), Consumer Goods (-2.17%), Industrial (-1.03%) and Oil & Gas (-0.93%).
Market activity: In today’s early trade, total volume and total value rose by 229% and 122% compared to this time yesterday as investors have traded 306million units of shares worth about N2.18billion.
UBA (-7.20%) is the most actively traded stock thus far with about 102million units of shares accounting for about 33% 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 all sectors persist.
