TrustBanc Daily Stock Market Scorecard, 1st April 2020

TrustBanc Daily Stock Market Scorecard, 1st April 2020

“I want every American to be prepared for the hard days that lie ahead…” Trump

“The number of deaths, based on current projections, is between 100,000 and 200,000. On 15 April, for instance, 2,214 Americans are expected to die.” BBC

The outbreak’s rapid spread and projected deaths put huge question marks over when economic life in the U.S. will return to normal.

When economic life and activities will return to normal in the U.S. is the closest reality to projecting when it will globally, including Nigeria.

The volume of activities at the equities market dropped today while value increased as the All Share-Index (ASI) opened the new quarter with a decline of -0.94% to expand the year-to-date loss of the market to -21.39%. See the image below for a complete snapshot of market performance.

Market Breadth: The breadth of the market was weak today as the bears overwhelmed the bulls with 26 declining stocks as against 6 rising stocks. See the list of top gainers or losers below:

Market Turnover: Turnover declined by 63.38% in volume and appreciated by 2.52% in value. See top 10 traded stocks below:

Have a great evening.

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