January 29, 2018/InvestmentOne Research

ASI as at 12.00pm: +0.56% 

Market movers: DIAMONDBNK (+9.85%), TRANSCORP (+9.76%), MANSARD (-4.98%), REDSTAREX (-4.72%). 

Sector Performances: Banking (+1.26%), Consumer Goods (+0.11%), Industrial (+0.02%), Oil & Gas  

Market activity: In today’s early trade, total volume and total value decreased by c.-63% and c.-54% compared to this time last Friday, as investors have exchanged c.179million units of shares worth c. N1.26billlion. FCMB (+5.88%) is the most actively traded stock with c.44million units of shares accounting for c.25% of total volume. 

Likely close: The market may likely close up today if the buy interest across most of the sectors continues.