MIDDAY UPDATE: Nigerian Stocks Appreciate +0.13% on Gains Across Sectors

September 26, 2019/InvestmentOne Update

ASI as at 12.00pm: +0.13%. 

Market movers: CORNERST (+9.52%), CONTINSURE (+9.30%),  CHAMS (-4.17%), FIDELITYBK (-2.38%).

Sector Performances: Banking (+0.55%), Consumer Goods (+0.12%), Industrial (+0.01%),  and Oil & Gas

Market activity: In today’s early trade, total volume and total value declined by 74% and 83% respectively compared to this time yesterday as investors have exchanged about 75million units of shares worth about N905Million. ACCESS (+4.17%) is the most actively traded stock thus far with about 25million units of shares accounting for about 33% of total volume.  

Likely close: In the absence of a significant loss in DANGCEM, the market may close up today if the gains in most sectors persist.

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