November 29, 2017/InvestmentOne Report

ASI as at 12.00pm: +0.32% 

Market movers: CUTIX (+9.71%), FIDELITYBK (+8.29%), NEM (-4.83%), LINKASSURE (-4.76%). 

Sector Performances: Consumer Goods (+0.63%), Banking (+0.58%), Industrial (+0.02), Oil & Gas (-0.48%). 

Market activity: Activity levels contracted compared to what it was this time yesterday, as investors have exchanged a total volume of c.209m units of shares worth c.N675m. WAPIC is the most actively traded stock with c.77m units of shares accounting for c.37% of total volume.  

Likely close: We might see the market close positive today should investors’ bullish sentiment in the Banking and Consumer Goods names continue.