March 17, 2020/InvestmentOne Update
ASI as at 12.00pm: +1.20%.
Market movers: UBN (+9.85%), FBNH (+9.46%), PRESTIGE (-9.09%) and LASACO (-9.09%)
Sector Performances: Banking (+4.52%), Consumer Goods (+1.13%), Industrial (+0.08%) and Oil & Gas.
Market activity: In today’s early trade, while total volume and value rose by 22% and 41% respectively compared to this time yesterday as investors have traded 206million units of shares worth about N3.12billion.
ZENITHBANK (+3.13%) is the most actively traded stock thus far with about 91million units of shares accounting for about 44% of the total volume.
Likely close: In the absence of a significant loss in the prices of DANGCEM and MTNN, the market may close up today if the gains in across most sectors persist.
