May 30, 2019/InvestmentOne Update

ASI as at 12.00pm: +0.20%. 

Market movers: UCAP (+3.96%), UACN (+3.60%), JAPAULOIL (-10.00%), ZENITHBANK (-2.15%).

Sector Performances: Consumer Goods (+0.02%), Banking (-0.23%),  Industrial (-0.18%) and Oil & Gas.

Market activity: In today’s early trade, total volume and value decreased by 68% and 70% respectively compared to this time on Tuesday as investors have exchanged over 39million units of shares worth about N755million. ZENITHBANK (-2.15%) is the most actively traded stock with about 12million units of shares accounting for about 31% of total volume. 

Likely close: In the absence of a significant loss in DANGCEM, the market may close up today if gains across CONSUMER GOODS and MTN persist.