April 25, 2018/InvestmentOne Update
ASI as at 12.00pm: +0.08%.
Market movers: FO (+10.16%), DANGFLOUR (+3.65%), SKYEBANK (-5.75%), OANDO (-4.92%).
Sector Performances: Oil & Gas (+1.18%), Industrial (+0.16%), Consumer Goods (+0.07%), Banking (+0.06%).
Market activity: In today’s early trade, total volume and value declined by 44% and 40% compared to this time yesterday, as investors have exchanged 141million units of shares worth N1.55billion.
UBA (+0.88%) is the most actively traded stock with 40million units of shares accounting for 28% 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 across all the sectors continues.
