Intraday Update: NSEASI Heads North on Buy Interest in Consumer Goods Stocks

November 17, 2017/InvestmentOne Research

ASI as at 12.00pm: +0.06% 

Market movers: CILEASING (+6.82%), PZ (+5.00%), UPL (-4.89%), NPFMCRFBK (-4.44%) 

Sector Performances: Consumer Goods (+0.34%), Banking (-0.08%), Insurance (-0.32%), Oil & Gas and Industrial 

Market activity: Investors have exchanged c.98m units of shares worth N3.23bn so far today, a significant increase in both total volume and value compared to this time yesterday. ZENITHBANK is the most actively traded stock with c.49m units of shares accounting for c.50% of total volume.  

Likely close: We may see the market close in the green today, following buying interest on some Consumer goods stocks.

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