02 Aug 2018 ( Lagos ): Although the day started on a negative note, with all sectors trading under, the market's fate turned around mid-day with the NSEASI trudging higher and finally closing 76.08 points higher and gaining 0.21%. Complete courtesy goes to the Banking sector, with all its first and second tier stock delivering extraordinary performances and closing higher and thereby uplifting the entire market. (
ZENITHBANK ) went up by 2.6%, (
GUARANTY ) rose by 0.63%, (
UBA ) increased by 5.91%, (
STANBIC ) gained 0.5%, (
FBNH ) grew by 1.01%, (
ETI ) surged by 5.53% and (
ACCESS ) closed 3.09% higher.
Now, coming to the pessimistic bears, and the sectors that led laggards today, we start with the Industrial goods sector ; with (
DANGCEM ) losing 0.43%, (
CCNN ) shedding 0.81% and (
WAPCO ) going down by 0.71%, they really dint give the sector much of a winning chance.
Another Sector to join the losers club for the day, is the consumer goods sector, with (
FLOURMILL ) declining by 5.4%, (
NB ) going down by 2.91%, (
GUINNESS ) falling by 2.08% and (
NASCON ) dipping by 0.5%.
The oil and gas sector witnessed mixed sentiments, slightly tilting toward bearish. While (
OANDO ) closed lower by 4.27%, and (
ETERNA ) lost 1.64%; (
TOTAL ) on the other hand gained 2.63%.
In terms if shares traded, (
NAHCO ) recorded the highest volume of 36.2 million; followed by (
UBA ) = 28.73 million , (
FBNH ) = 26 million and (
UNIONDAC ) = 14.84 million.
Reporting for EasyKobo on Thursday 02 August 2018 in Lagos, Nigeria