Intraday Update: NSE Benchmark Index up 0.12% on Investors Bullish Sentiment

November 30, 2017/InvestmentOne Report

ASI as at 12.00pm: +0.12% 

Market movers: FIDELITYBK (+7.54%), FO (+6.48%), NEIMETH (-4.92%), LINKASSURE (-4.62%). 

Sector Performances: Consumer Goods (+0.26%), Banking (+0.03%), Oil & Gas (+0.87%), Industrial. 

Market activity: Activity levels significantly rose compared to what it was this time yesterday, as investors have exchanged a total volume of c.10bn units of shares worth c.N12bn. TRANSCORP (-2.16%) is the most actively traded stock with c.9.7bn units of shares accounting for c.99% of total volume.  

Likely close: We might see the market close positive today should investors’ general bullish sentiment in the market continue.

 

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