July 26, 2017/InvestmentOne Research

ASI as at 12.00pm: +0.52%

Market movers:  FIDSON (+10.06%), WAPCO (+8.85%), LIVESTOCK (-4.44%), HONYFLOUR (-3.94%)

Sector Performances: Industrial (+3.67%), Oil & Gas (+1.19%), Banking (+0.69%), Consumer Goods (-0.17%)

Market activity:  Investors have exchanged over 67m units of stocks worth c.N693m. This shows decline in turnover when compared with over 195m units of stocks worth c.N1.68bn traded this time yesterday. UBA (-2.02%) is  currently the most actively traded stocks with 11m units accounting for c.16% of total volume.

Likely close: The ASI looks likely to close positive given buying interest on tickers in major sectors.