June 8, 2018/InvestmentOne Update
ASI as at 12.00pm: -0.12%.
Market movers: OANDO (-4.76%), INTBREW(-4.70%), JAPAULOIL (+6.90%) MOBIL(+5.00).
Sector Performances: Oil & Gas (-0.10%), Consumer Goods (-0.08%), Banking (-0.05%), Industrial (-0.06%).
Market activity: In today’s early trade, total volume declined by 51% while total value traded increased by 66% compared to this time yesterday, as investors have exchanged 54million units of shares worth N1.44billion. GUARANTY(-0.12%) is the most actively traded stock with 17million units of shares accounting for about 33% 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 sell-off across all sectors continues
