March 23, 2021/InvestmentOne Report
ASI as at 12.00pm: -0.05%.
Market movers: CHAMPION (-8.04%), ETI (-5.88%), CAP(+10.00%) and WAPIC (+6.00%).
Sector Performances: Banking (-0.55%), Consumer Goods (-0.15%), Industrial (+0.02%) and Oil and Gas.
Market activity: In today’s early trade, total volume and value increased by about 92% and 200% respectively, compared to this time yesterday, as investors have traded about 162million units of shares worth N3billion. DANGSUGAR(-0.55%) is the most actively traded stock thus far with about 106million units of shares accounting for about 65% 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.
