January 17, 2019/InvestmentOne Update
ASI as at 12.00pm: -0.15%.
Market movers: NPFMCRFBK (-8.18%), WAPIC (-4.76%), NEIMETH (+9.84%), NEM (+9.71%).
Sector Performances: Banking (-0.65%), Consumer Goods (-0.05%), Oil & Gas and Industrial.
Market activity: In today’s early trade, while total volume declined by 54%, total value rose by 88% compared to this time yesterday as investors have exchanged about 84million units of shares worth about N2.00billion. GUARANTY (-0.61%) is the most actively traded stock with 33million units of shares accounting for about 39% of total volume.
Likely close: In the absence of a significant gain in DANGCEM, the market may close down today if the losses in Banking and Consumer names persist.
