Lull in today’s trading session as the NSEASI closed down marginally by -0.01% at settle at 39,303.09 point. Notable, Uacn (-3.65%),Intbrew (-8.77%), PZ (7.41%), Guinness (-5.75%), Ardova (-3.24%), Access (-1.34%), Guaranty (-0.48%) and Wapco (-0.44%) all declined. These masked points amassed in NB (+3.85%), Seplat (+3.64%), ETI (+2.88%), Fidelitybk (+1.33%) and Cadbury (+0.65%).
Market turnover remained meagre at N1.90bln ($5.01mln) dominated by trades in Fbnh and Zenithbank. Year to date performance edged lower to -2.40%. We expect the market to maintain a similar trading pattern in the coming session.