June 21, 2019/InvestmentOne Update

ASI as at 12.00pm: +0.04%. 

Market movers: WAPCO (+10.00%), LINKASSURE (+8.20%), NEM (-7.55%), ABCTRANS (-6.90%),

Sector Performances: Industrial (+2.06%), Banking (-0.16%), Consumer Goods (-0.01%) and Oil & Gas.

Market activity: In today’s early trade, total volume and value declined by 28% and 21% respectively compared to this time yesterday as investors have exchanged over 58million units of shares worth about N993million. WAPCO (+10.00%) is the most actively traded stock thus far with about 13million units of shares accounting for about 22% 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 Industrial sector continues.