June 10, 2019/InvestmentOne Update

ASI as at 12.00pm: -0.11%. 

Market movers: CCNN (-9.33%), LINKASSURE (-6.00%), CHIPLC (+10.00%), JAPAULOIL (+8.00%).

Sector Performances: Industrial (-2.16%), Oil & Gas (-0.29%), Consumer Goods (-0.08%) and Banking (+0.13%).

Market activity: In today’s early trade, total volume and value decreased by 54% and 73% respectively compared to this time last week Friday as investors have exchanged over 56million units of shares worth about N1.13billion. ZENITHBANK (-0.49%) is the most actively traded stock with about 29million units of shares accounting for about 52% of total volume. 

Likely close: In the absence of a significant gain in DANGCEM, the market may close down today if the sell-offs across most sectors persist.