Intraday Update: NSEASI Down -0.33% on Bearish Sentiment across Major Counters

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December 21, 2017/InvestmentOne Report

ASI as at 12.00pm: -0.33% 

Market movers: DANGSUGAR (-5.02%), MAYBAKER (-4.38%), LINKASSURE (+4.76%), ETI (+1.82%).  

Sector Performances: Banking (-0.24%), Consumer Goods (-0.91%), Industrial, Oil & Gas. 

Market activity: In today’s early trade, total volume and total value traded by investors are c.41m units of shares worth c.N398m, representing a c.+3% and c.+112% increase in total volume and value respectively compared to yesterday’s figure. UBA (+0.10%) is the most actively traded stock with c.10m units of shares accounting for c.24% of total volume. 

Likely close: ASI could likely close in the red today given the bearish sentiment across major sectors.

 

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