March 14, 2018/InvestmentOne Update
ASI as at 12.00pm: -0.47%.
Market movers: LASACO (-9.52%), NPFMCRFBK (-9.19%), INTBREW (+7.89%), CILEASING (+5.00%).
Sector Performances: Banking (-1.92%), Oil & Gas (-0.27%), Consumer Goods (+0.08%), Industrial.
Market activity: In todays early trade, total volume and value fell by c.58% and c.61% respectively compared to this time yesterday, as investors have exchanged c. 89million units of shares worth c. N1.08billion. FIDELITY (-4.41%) is the most actively traded stock with c.26million units of shares accounting for c.29% 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.
