Intraday Update:NSEASI Heads South on Investors Sentiment in Mobil, Reaction to NB Plc’s Q3 Report

October 26, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.29% 

Market movers: MOBIL (-14%), NB (-3.8%), DANGFLOUR (+0.76%), DANGSUGAR (+0.24%), 

Sector Performances: Oil & Gas (-1.37%), Consumer Goods (-0.98%), Banking (+0.09%),

Industrial and Insurance. 

Market activity: So far today, investors have exchanged c.90m units of shares worth c.N1.2bn in value. UBA (-0.43%) is the most actively traded stock with c.39m units of shares accounting for c.39% of total volume.  

Likely close: Given investors sentiment in the shares of MOBIL and market reaction to NB’s result, the market might close the day negative.

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