March 26, 2018/InvestmentOne Update
ASI as at 12.00pm: +0.22%.
Market movers: GLAXOSMITH (+10.00%), FIDSON (+9.49%), FO (-9.09%), HMARKINS (-6.25%).
Sector Performances: Banking (+0.73%), Oil & Gas (-1.29%), Consumer Goods (-0.27%), Industrial.
Market activity: In todayâs early trade, total volume and value increased by c. 25% and c. 23% respectively compared to this time last Friday, as investors have exchanged c. 249million units of shares worth c. N 3.58billion. ZENITHBANK (+0.66%) is the most actively traded stock with c.53million units of shares accounting for c.21% 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 in the Banking sector continues.
