March 30, 2022/InvestmentOne Update
ASI as at 12.00pm: 0.11%
Market movers: IKEJAHOTEL(+10.00%), MEYER(+9.09%), UPDC (-9.41%), and CADBURY (-5.56%).
Sector Performances: Banking (+0.18%), Consumer Goods (-0.04%), Oil and Gas and Industrial.
Market activity: In today’s trade, total volume and value increased by 6% and 28% respectively, compared to this time yesterday, as investors have traded about 85million units of shares worth N1billion. ETI (+1.27%) is the most actively traded stock thus far with about 55million units of shares accounting for about 64% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTNN, the market should close northwards today if the buy-interest recorded in the Banking sector persists.
