March 23, 2018/InvestmentOne Research
ASI as at 12.00pm: +0.57%.
Market movers: CADBURY (+9.81%), JAPAULOIL (+9.52%), FTNCOCOA (-8.33%), FIDSON (-4.95%).
Sector Performances: Banking (+2.18%), Industrial (+0.92%), Consumer Goods (+0.11%), Oil & Gas (+0.04%).
Market activity: In today’s early trade, While total volume declined by c. 23%, total value increased by c.5% compared to this time yesterday, as investors have exchanged c.199million units of shares worth c. N2.90billion. ACCESS (+1.80%) is the most actively traded stock with c.55million units of shares accounting for c.28% of total volume.
Likely close: In the absence of a significant loss in DANGCEM, we may see the market close up today if the buy interest across sectors continues.
