April 13, 2018/InvestmentOne Update
ASI as at 12.00pm: -0.42%.
Market movers: INTBREW (-6.80%), HMARKINS (-6.45%), WEMABANK (+9.52%), REGALINS (+7.69%).
Sector Performances: Banking (-0.59%), Consumer Goods (-0.10%), Industrial (+0.43%), Oil & Gas (+0.14%).
Market activity: In today’s early trade, total volume and value declined by 69% and 62% respectively compared to this time yesterday, as investors have exchanged 38.9million units of shares worth N322million. STERLNBANK (-2.7%) is the most actively traded stock with 14.97million units of shares accounting for 39% of total volume.
Likely close: In the absence of a significant gain in DANGCEM, we may see the market print in the red today if the sell-off in most of the sectors continues.
