August 15, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.55%

Market movers: MORISON (-8.16%), CHAMPION (-4.82%), GOLDBREW (+4.71%),

CONOIL (+3.99%)

Sector Performances: Banking (-1.09%), Consumer (-0.61%),Oil & Gas (-0.15%)

Industrial

Market activity: With c.49m units of stocks worth c.N780m so far traded by investors, turnover in today’s early trades appears weaker compared to previous session. UBA (-2.71%) currently leads the volume and value chart with 8.5m units of stocks accounting for 17% total volume.

Likely close: Profit-taking by investors could see the index closed in the red.