September 21, 2017/InvestmentOne Research

ASI as at 12.00pm: +0.07%

Market movers: NEIMETH (+4.92%), UCAP (+2.02%), AIICO (-5.36%), CAVERTON (-5.00%)

Sector Performances: Banking (+0.39%), Oil & Gas (-0.33%), Consumer Goods (-0.05%), Industrial

Market activity: Activity levels have seen support from investor interest in the banking sector as 174m units of shares worth N5.2bn has been exchanged so far today. GUARANTY (+0.03%) is the most actively traded stock with c.120m units of shares accounting for c.69% of total volume.

Likely close: The market may close negative today, in the absence of further gains in bellwether stocks, as investor sentiment appears weak.