Intraday Update: NSEASI up 0.04% on Weak Investors Sentiment

December 27, 2017/InvestmentOne Research

ASI as at 12.00pm: +0.04% 

Market movers: CADBURY (+9.56%), DANGSUGAR (+4.89%), DANGFLOUR (-8.41%), UCAP (-3.58%). 

Sector Performances: Consumer Goods (+0.23%), Banking (-0.05%), Industrial, Oil & Gas. 

Market activity: In today’s early trade, total volume and total value increased by c.+97% and c.+31% respectively, as investors have so far exchanged c.233m units of shares worth c.N716m. TRANSCORP  is the most actively traded stock with c.87m units of shares accounting for c.37% of total volume. 

Likely close: We may see the market close in the red as investor sentiments appear weak.

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