April 19, 2018/InvestmentOne Report
ASI as at 12.00pm: -0.06%.
Market movers: STERLNBANK (-4.71%), FIDSON (-4.68%), OANDO (+6.63%), ETERNA (+4.98%).
Sector Performances: Banking (-0.38%), Consumer Goods (-0.01%), Industrial (+0.27%), Oil & Gas (+0.01%).
Market activity: In today’s early trade, total volume and value rose by 948% and 1237% respectively compared to this time yesterday, as investors have exchanged 433million units of shares worth N3.29billion. FCMB (-3.60%) is the most actively traded stock with 202million units of shares accounting for 47% of total volume.
Likely close: In the absence of a significant gain in DANGCEM, we may see the market print in red today if the selloff in the Banking and Consumer Goods sectors persists.
