Wednesday, October 17, 2018 10:04:44 PM- Nigerian Stock Exchange.



  ASI shot down by the bear.

      

13 June 2018: The Nigerian Stock Exchange got the mid-week blues after closing in on red for the day, losing 0.35%. Major contributor to the decline was the Banking sector, that really led laggards today, leading with ( DIAMONDBNK ) that shed 5%, closely followed by ( UNTIYBNK ) losing 4.35% and maintaining its downward trend since the start of the year. ( SKYEBNK ) did not want to left behind, and readily lost 0.03 ppts. ( AIICO ) also fell down by 4.62%.

These declines were overshadowed by the advances in the oil and gas and the consumer sector. ( JAPAULOIL ) made its investors proud by gaining 5.88%; ( UAC-PROP ) was another strong gainer for the day, obtaining 4.98%. 

Special mention to ( PRETIGE ) which managed to come out of the ICU, and close at green, gaining 4.92%.

( LEARNAFRCA ) went up by 4.86%, which we would assume to be a positive development for the economy. 
Reporting for EasyKobo on Wednesday, 13 June 2018 from Lagos, Nigeria



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