Bears bootlegging pessimissim into the equity cause a drop in ASI   
02 October 2018: The equity opens the week by declining, albeit marginally. The 0.17% decline in ASI was fueled by ( STANBIC ) taking a major hit of 7.61% coupled with ( GUARANTY ) shedding 0.14%, boosted by dips in the consumer goods sector. These included, ( NESTLE ), ( DANGSUGAR ) , ( FLOURMILL ) and ( GUINNESS ) plummeting by 0.07%, 2.11%, 1.25% and 2.44% respectively. ( CCNN ) investors almost suffered a stroke after the stock lost 8.3% in one day.

Ofcourse the day wasn't all bad, as the market enjoyed some advances, as well: ( FBNH ) by 3.37%, ( UNILEVER ) by 2.22%, ( CADBURY ) by 1.1%, ( FO ) by 6.73% and Lastly but not the least ( WAPCO ) by 3.60%.

Reporting for EasyKobo on Tuesday , 02 Octber 2018 in Lagos, Nigeria




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