March 22, 2021/InvestmentOne Update
ASI as at 12.00pm: +0.70%.
Market movers:, UACN(+7.33%), JBERGER (+5.88%), LIVESTOCK (-5.80%) and CHIPLC (-3.23%).
Sector Performances: Industrial (+2.12%), Banking (+0.63%), Consumer Goods (-0.03%) and Oil and Gas.
Market activity: In today’s early trade, total volume and value declined by 6% and 31% respectively, compared to this time last Friday, as investors have traded about 84million units of shares worth N1billion. GUARANTY(+0.45%) is the most actively traded stock thus far with about 20million units of shares accounting for about 24% 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 Banking and Industrial sectors persist.
