10 April 2019 : ASI experienced a marginal increase of 0.15%, courtesy the increase in bellwether stocks, this resulted in the YTD reducing to -7.09% and market capitalisation going up to N 10.96 trillion.

This increase was supported majorly by the banking and industrial goods: of course the powerhouse of the market ( DANGCEM ) closed higher by 1%, while ( CCNN ) and ( WAPCO ) decline by 1% and 4.48% respectively.

Similarly, in the Banking sector, while ( ZENITHBANK ) rose by 0.45%, ( GUARANTY ) another banking giant fell by the exact same percentage : 0.45%, but the outlook for the banking sector was predominantly bullish, owing to the increase in ( UBA), ( FBNH )  and ( ACCESS ) by 0.15%, while ( ETI ) grew by 0.1%. On the other hand ( STANBIC ) fell by 0.2%.

The consumer goods sector was predominantly bearish owing to the declines in ( UNILEVER ) by 1%, ( DANGFLOUR ) by 0.5%, ( PZ ) BY 0.95% and ( CADBURY ) by 0.4%, only ( DANGUSGAR ) sided with the bulls rising by 0.1%.

The oil and gas sector, was mostly flat, slightly tilted towards a bullish sentiment, owing to the 0.1% increase in ( ETERNA ).

Reporting for EasyKobo on Wednesday , 10 April 2019 in Lagos, Nigeria