20 June 2018 ( Lagos): As predicted, the ASI continues the week with a negative performance closing under by 0.15%. The Banking sector and animal feeds sector were the biggest losers today, following declines in ( UNITYBNK
) by 4.35%, ( UBN
) by 4.20% and ( ACCESS
) by 0.48%, with ( ACCESS
) bank dipping the lowest to 10.3 pts since the inception of the year. Although ( ZENITH ) and ( UBA
) did rise by 1.96% and 1.42% respectively, they weren't able to save grace.
) fell by 4.6% in the animal feeds sector.
The Oil and Gas; and Insurance sector observed mixed sentiments today, as they saw some major gains but also some losses as well. Although ( ETERNA
) and ( JAPAULOIL
) enjoyed the bull arena by rising by 8.93% and 7.5% respectively, ( SEPLAT
) was slayed by the bear, falling by 4.99%.
Similarly, ( CUSTODIAN ) led laggards today by dipping 4.93% because of which even the advances in ( PRESTIGE
) by 10% and ( MBENEFIT
) by 6.25% were to no avail.
Reporting for EasyKobo on Wednesday, 20 June 2018 in Lagos, Nigeria
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