January 26, 2018/InvestmentOne Report

ASI as at 12.00pm: +0.34% 

Market movers: UBN (+9.59%), TRANSCORP (+7.89%), SKYEBANK (-9.38%), JAIZBANK (-9.35%). 

Sector Performances: Banking (+0.49%), Consumer Goods (+0.48%), Industrial, Oil & Gas. 

Market activity: In today’s early trade, total volume and total value increased by c.+237% and c.+124% compared to this time yesterday, as investors have exchanged c.479million units of shares worth c. N2.76billlion. DIAMONDBNK (-0.38%) is the most actively traded stock with c.118million units of shares accounting for c.25% of total volume. 

Likely close: We could see the market print in the green today if the buy interest in Banking and Consumer names continues.