June 20, 2017/InvestAdvocate Research

ASI as at 12.00pm: -0.05%

Market movers: JAIZBANK (-5.88%), STERLNBANK (-4.63%), MAYBAKER (+10.18%), CCNN (+10.15%)

Sector Performances: Oil & Gas (-0.56%), Consumer Goods (-0.08%), Banking (-0.03%), Industrial (+0.18%)

Market activity: Investors have exchanged 99m units of shares worth N1.08bn so far today, which is relatively flat compared to this time yesterday. ZENITHBANK is the most actively traded stock with 33m units of shares accounting for c.33% of total volume.

Likely close: While the Industrial sector is positive so far today, we may see the equities market close negative today due to the profit taking in other major sectors.