March 1, 2022/InvestmentOne Update
ASI as at 12.00pm: +0.43%
Market movers: SEPLAT (+9.99%), ROYALEX (+9.49%), CUTIX (-10.00%) and CAVERTON (-9.68%).
Sector Performances: Oil and Gas (+5.15%), Consumer Goods (+0.02%), Banking (-0.51%) and Industrial (-0.12%).
Market activity: In today’s trade, total volume and value increased by 77% and 126% respectively, compared to this time yesterday, as investors have traded about 116million units of shares worth N1.17billion. NIGERINS is the most actively traded stock thus far with about 15million units of shares accounting for about 13% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTNN, the market may close positively today if the gains printed in the Oil and Gas and Consumer Goods sectors persist.
