January 7, 2019/InvestmentOne Update
ASI as at 12.00pm: +0.12%.
Market movers: DIAMONDBNK (+10.00%), AGLEVENT (+7.41%), NEM (-10.00%), UAC-PROP (-6.90%).
Sector Performances: Banking (+0.87%), Consumer Goods (-0.34%), Oil & Gas, Industrial.
Market activity: In today’s early trade, total volume and value decreased by 36% and 44% respectively compared to this time last week Friday as investors have exchanged about 56million units of shares worth about N441million. DIAMONDBNK (+10.00%) is the most actively traded stock with 22million units of shares accounting for about 39% of total volume.
Likely close: In the absence of a significant loss in DANGCEM, the market may close up today if the gain in the Banking sector persists.
