MIDDAY UPDATE: Nigerian Stocks Up +0.13% on Gains Across Sectors

March 8, 2021/InvestmentOne Update

Image Credit: retegy.com

ASI as at 12.00pm: +0.13%.

Market movers: OANDO (+9.81%), UAC-PROP (+9.21%), MANSARD (-10.00%) and UCAP (-6.37%).

Sector Performances: Oil & Gas (+0.67%), Industrial (+0.50%), Banking (+0.09%) and Consumer Goods.

Market activity: In today’s early trade, investors have traded about 92million units of shares worth N1.39billion. ZENITHBANK (-0.40%) is the most actively traded stock thus far with about 28million units of shares accounting for about 30% 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.

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