Equity Market Report   

03rd May 2019( Lagos) :  The All Share Index forayed further into green territory today, gaining 14bps today to settle at 29,212 points. Trading in the market today was largely mixed as the index exhibited some volatility and stayed in the green only towards the end of the session. Market was 1.3x positive today and activity remained average with volume and value at 356 million units and N 2.3 billion respectively.

What will shape the market tomorrow? 

We expect the index to continue to trade with mixed trading pattern and a positive bias at week open as investors look out for bargains on already beaten down stocks. We foresee activity levels remaining average in the absence of any catalyst altering the trend.

Reporting for EasyKobo on Friday , 03 May 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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