May 4, 2018/InvestmentOne Update
ASI as at 12.00pm: +0.19%.
Market movers: INTBREW (+9.05%), VERITASKAP (+6.45%), MOBIL (-4.95%), ETERNA (-4.87%).
Sector Performances: Consumer Goods (+1.36%), Industrial (+0.31%), Oil & Gas (-0.76%), Banking (-0.26%).
Market activity: In today’s early trade, while total volume increased by 21%, total value declined by 41% compared to this time yesterday, as investors have exchanged 91million units of shares worth N819million.
CILEASING (+0.16%) is the most actively traded stock with 28million units of shares accounting for 31% of total volume.
Likely close: In the absence of a significant loss in DANGCEM, we may see the market close up today if the buy interest in the Consumer Goods and Industrial names continue.
