June 12, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.81%

Market movers: LEARNAFRICA (-14.74%), NPFMCRFBK(-10.79%), MAYBAKER (+9.86%), HONEYFLOUR (+9.60%),

Sector Performances: Consumer Goods (-3.09%), Oil & Gas (-0.74%), Banking (-0.24%), Industrial (+0.06%)

Market activity:  Investors have so far exchanged over 205m units of stocks worth c.N2.15bn. This shows an improvement in value turnover when compared  with  288m units of shares worth N1.83bn traded this time on Friday. ACCESS (+3.85%) is the most actively traded stock with c.34m units of shares accounting for c.17% of total volume.

Likely close: The Index looks likely to close negative on account of profit-taking on some tickers by investors.