May 11, 2018/InvestmentOne Update
ASI as at 12.00pm: +0.50%.
Market movers: VERITASKAP (+7.69%), PRESCO (+5.00%), CILEASING (-5.00%), WAPIC (-3.77%).
Sector Performances: Oil & Gas (+1.76%), Industrial (+0.41%), Consumer Goods (+0.22%), Banking (+0.07%).
Market activity: In today’s early trade, total volume declined by 18% while total value rose by 38% compared to this time yesterday, as investors have exchanged 64.97million units of shares worth N1.94billion. GUARANTY is the most actively traded stock with 23.1million units of shares accounting for about 36% 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 sectors continues.
