March 31, 2018/InvestmentOne Update
ASI as at 12.00pm: -0.11%.
Market movers: REGALINS (-7.50%), MAYBAKER (-4.90%), JAPAULOIL (+9.88%), UNILEVER (+8.15%).
Sector Performances: Banking (-1.21%), Oil & Gas (-0.03%), Consumer Goods (+0.50%), Industrial.
Market activity: In today’s early trade, total volume and value declined by c. -51% and c.-65% compared to this time yesterday, as investors have exchanged c. 53million units of shares worth c. N837million. UNIC is the most actively traded stock with c.11million units of shares accounting for c.21% of total volume.
Likely close: In the absence of a significant gain in DANGCEM, we may see the market close down today if the sell-off in the Banking sector continues.
