December 18, 2017/InvestmentOne Report
ASI as at 12.00pm: -0.15%
Market movers: INTBREW (-5.00%), UBN (-4.90%), PRESCO (+8.81%), UAC-PROP (+5.66%).
Sector Performances: Banking (-0.59%), Consumer Goods (-0.26%), Industrial, Oil & Gas.
Market activity: In today’s early trade, total volume and value declined by c.-68% and c.-56% respectively compared to this time last Friday, as investors have so far exchanged c.53m units of shares worth c.N1.5bn. GUARANTY (-1.51%) is the most actively traded stock with c.31m units of shares accounting for c.58% of total volume.
Likely close: The market could close down today if the sell-off in Banking and Consumer names continues.
