07 September 2018: There was modest Bullish activity in all the sectors today except the Industrial Goods sector which is the main culprit of dragging the market down a little further today. Consequently, the ASI fell down by 0.21%, thus snowballing the YTD loss to a massive 11%.
How it came it 11% is a long story, but talking about today, declines in (
DANGCEM ) by 0.45% and (
WAPCO ) by 0.65%.
Upticks in (
MOBIL ) by 0.56% and (
JAPAULOIL ) by 8.33% overpowered the decline in (
OANDO ) by 1.87% in the oil and gas sector.
5.96% increase in (
DANGSUGAR ) couldn't be defeated by the 3.85% reduction in (
HONYFLOUR ) and 0.11% reduction in (
NB ).
Reporting for EasyKobo on Friday , 07 August 2018 in Lagos, Nigeria