February 26, 2021/InvestmentOne Update
ASI as at 12.00pm: -0.22%.
Market movers: SUNUASSUR (-9.59%), NEIMETH (-8.99%), CAVERTON (+6.38%) and UCAP (+2.33%).
Sector Performances: Banking (-1.08%), Oil & Gas (-0.25%), Industrial (-0.22%), and Consumer Goods (-0.05%).
Market activity: In today’s early trade, total volume and value decreased by 33% and 32% respectively compared to this time yesterday, as investors have traded about 86million units of shares worth N928million. FBNH (-0.68%) is the most actively traded stock thus far with about 17million units of shares accounting for about 20% of the total volume.
Likely close: In the absence of significant gains in the prices of DANGCEM and MTN, the market may close down today if the losses in major sectors persist.
