April 8, 2021/InvestmentOne Update
ASI as at 12.00pm: +0.18%.
Market movers: JAPAULGOLD (+9.43%), WAPIC (+6.00%), ROYALEX (-7.69%) and REGALINS (-6.90%).
Sector Performances: Banking (+1.64%), Industrial, Consumer Goods and Oil and Gas.
Market activity: In today’s early trade, total volume and value declined 70% and 80% compared to this time yesterday, as investors have traded about 36million units of shares worth N197million. JAPAULGOLD (+9.43%) is the most actively traded stock thus far with about 6million units of shares accounting for about 17% 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 gain in the Banking sector persists.