May 28, 2019/InvestmentOne Update
ASI as at 12.00pm: +1.50%.
Market movers: ETI (+10.00%), JAPAULOIL (+7.14%), NAHCO (-3.64%), WEMABANK (-3.23%).
Sector Performances: Oil & Gas (+3.28%), Banking (+2.57%), Industrial (+1.87%) and Consumer Goods (-0.02%).
Market activity: In today’s early trade, total volume and value increased by 120% and 202% respectively compared to this time yesterday as investors have exchanged over 121million units of shares worth about N2.50billion. GUARANTY (+0.64%) is the most actively traded stock with about 39million units of shares accounting for about 32% of total volume.
Likely close: In the absence of a significant loss in DANGCEM, the market may close up today if gains across most sectors persist.
