March 15, 2021/InvestmentOne Update
ASI as at 12.00pm: -0.14%.
Market movers: SOVRENINS (-8.33%), JAIZBANK (-6.15%), AIICO (+10.00%) and SMURFIT (+8.33%).
Sector Performances: Consumer Goods (-1.30%), Banking (-0.06%), Oil and Gas (+0.13%) and Industrial.
Market activity: In today’s early trade, total volume and value advanced 16% and 157% respectively, compared to this time last Friday, as investors have traded about 79million units of shares worth N1.7billion. NOTORE is the most actively traded stock thus far with about 22million units of shares accounting for about 28% 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 Banking and Consumer Goods sectors persist.
