Bellwether stocks marshal up to put NSEASI under the weather.   
17 September 2018: The happiness of the positive close of the equity on Friday was as short lived as a rainbow. The equity opened the week on a bearish sentiment with the the Bluechip companies all marshaling up to take the plunge together, resulting in the ASI dropping by 0.39% making its YTD loss 15.8% .

From the Banking sector, giants like ( GUARANTY ) by 2.3%, ( UBA ) by 2.7% and ( STANBIC ) by 1.78% took the fall. Whereas in the consumer goods sector, ( NESTLE ) took the biggest hit of 1.46%, closely followed by ( GUINNESS ) which declined by 2.16% and ( NB ) who fell by 0.54%. Lastly, ( MOBIL ) in the oil and gas sector led laggards in the sector.

Closing on a positive note, ( ZENITHBANK ), ( FBNH ) and ( ACCESS ) advanced by 1%, 0.61% and 3.85% respectively. While the consumer goods sector was bought up by gains in ( FLOURMILL ) by 0.79% and ( HONYFLOUR ) by 6.47%. The advances in the oil and gas sector overpowered the decline fueled by raises in ( FO ) by 8.57% and ( JAPAULOIL ) by 4.35%.

Reporting for EasyKobo on Monday , 17 September 2018 in Lagos, Nigeria

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