Intraday Update: NSEASI Heads North as Investors Take Advantage of Sell-Off in Dangote Cement

September 27, 2017/InvestmentOne Research

ASI as at 12.00pm: +0.56%

Market movers: NEIMETH (+4.62%), CILEASING (+4.32%), MORISON (-8.33%),

UAC-PROP (-5.00%) 

Sector Performances: Industrial (+0.98%), Banking (+0.06%), Consumer Goods (-0.04%),  Oil & Gas 

Market activity: Investors have exchanged c.59m units of shares worth c.N360m so far today, less than half the turnover as at time yesterday. JAIZBANK (+4.29%) is the most actively traded stock with 35.7m units of shares accounting for c.61% of total volume.

Likely close: The market may end positive today, as investors take advantage of the recent sell-off in DANGCEM (+1.94%).

Leave a Comment

Your email address will not be published. Required fields are marked *

*