June 14, 2017/InvestmentOne Research

ASI as at 12.00pm: +0.67%

Market movers: SKYEBANK (+8.62%),UNILEVER (+5.55%),FO (-5.33%), DIAMONDBANK (-4.69%)

Sector Performances: Banking (+1.51%), Consumer Goods (+0.78%), Oil & Gas (+0.14%), Industrial

Market activity:  Investors have exchanged over 476m units of stocks worth c.N3.2bn in today’s early trades. This shows improvement in market turnover when compared with 116m units of shares worth N697m traded this time yesterday. LASACO currently tops the volume chart with over 99m units of stocks accounting for c.20% of total volume.

Likely close: The index looks likely to close positive with support from buying interest in Banking, Consumer and Oil & Gas tickers.