September 26, 2017/InvestmentOne Research
ASI as at 12.00pm: -0.49%
Market movers: INTBREW (-4.98%), MCNICHOLS (-4.76%), NEIMETH (+4.84%),
CILEASING (+4.51%)
Sector Performances: Industrial (-0.72%), Consumer Goods (-0.69%), Banking (+0.40%), Oil & Gas
Market activity: Turnover has improved significantly today with c.141m units of shares worth N1.29bn traded so far, against c.15m units of shares worth N373m exchanged at this time yesterday. STERLNBANK is the most actively traded stock with c.83m units of shares accounting c.60% of total volume.
Likely close: The ASI may end negative today if the sell-off on bellwether stocks; NB and DANGCEM hold till close.