June 30, 2017/InvestmentOne Research

ASI as at 12.00pm: -1.29%

Market movers: UNILEVER (-9.74%), MAYBAKER (-9.56%), FIDSON (+4.91%), JAIZBANK (+4.48%)

Sector Performances: Banking (-1.44%), Consumer Goods (-0.94%), Oil & Gas (-0.53%), Industrial (-0.11%)

Market activity: In today’s early trades over 109m units of stocks worth c.N630m have been traded by investors. This shows improvement in activity level compared to  c.38m units of shares worth N348m  exchanged this time yesterday. ACCESS is the most actively traded stock with c.17m units of shares accounting for c.16% of total volume.

Likely close: The index looks likely to close in the red given current bearish trend in major sectoral indexes