April 26, 2018/InvestmentOne Update
ASI as at 12.00pm: +0.00%.
Market movers: OANDO (+5.17%), CILEASING (+4.72%), NPFMCRFBK (-8.91%), CAVERTON (-8.37%).
Sector Performances: Oil & Gas (-0.04%), Consumer Goods (-0.03%), Banking (-0.01%), Industrial.
Market activity: In today’s early trade, while total volume increased by 8%, total value declined by 12% compared to this time yesterday, as investors have exchanged 152million units of shares worth N1.37billion.
DIAMONDBNK (+2.56%) is the most actively traded stock with 55million units of shares accounting for 36% of total volume.
Likely close: In the absence of a significant gain in DANGCEM, we may see the market close down today if the selloff across most of the sectors continues.
