January 8, 2018/InvestmentOne Research

ASI as at 12.00pm: +0.46% 

Market movers: CONOIL (+10.24%), CUTIX (+10.00%), VITAFOAM (-4.92%), ACCESS (-0.93%). 

Sector Performances: Banking (+0.27%), Consumer Goods (+0.76%), Industrial (+1.00%), Oil & Gas (+1.24%). 

Market activity: In today’s early trade, total volume and value improved by +4%  and +351% respectively compared to this time last week Friday. So far, investors have exchanged c.256m units of shares worth c.N9.29bn. TRANSCORP (+0.08%) is the most actively traded stock with c.75m units of shares accounting for c.29% of total volume. 

Likely close: We may see the market close up if the bullish sentiment across all of the sectors continues.