April 18, 2018/InvestmentOne Update
ASI as at 12.00pm: +0.08%.
Market movers: OANDO (+9.70%), GLAXOSMITH (+5.00%), UBN (-3.97%), WAPCO (-2.04%).
Sector Performances: Banking (+0.08%), Consumer Goods (+0.02%), Industrial (-1.00%), Oil & Gas.
Market activity: In today’s early trade, total volume and value declined by 43% and 69% respectively compared to this time yesterday, as investors have exchanged 41.32million units of shares worth N246million. FCMB is the most actively traded stock with 4.84million units of shares accounting for 11% of total volume.
Likely close: In the absence of a significant loss in DANGCEM, we may see the market print in green today if the buy interest in the Banking and Consumer Goods sectors continues.
