NSEASI Heads South on Negative Investors Sentiment Towards Consumer, Industrial Goods Sectors

November 7, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.01% 

Market movers: VITAFOAM (-4.71%), CUTIX (-4.65%), ETERNA (+4.83%), LEARNAFRCA (+4.76%). 

Sector Performances: Consumer Goods (-0.03%), Industrial (-0.01%), Banking, Oil & Gas. 

Market activity: Total volume of shares traded today is up by +82% compared to this time yesterday, with investors exchanging c.115m units of shares worth N376m so far today. DIAMONDBNK (+1.72%) is the most actively traded stock with c.59m units of shares accounting for c.51% of total volume.

Likely close: Given the negative sentiments towards the Consumer Goods and Industrial sectors, we could see the ASI close the trading session today in the red.

 

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