October 24, 2017/InvestmentOne Research
ASI as at 12.00pm: +0.31%
Market movers: INTBREW (+5.75%), ZENITHBANK(+0.50%), HONYFLOUR (-0.09%), CILEASING (-0.09%).
Sector Performances: Banking (+0.68%), Consumer Goods (+0.62%), Insurance (-0.43%),
Industrial, Oil & Gas.
Market activity: Investors traded c.49m units of shares which translated to c.N472m in value so far today, a significant increase compared to the volume and value traded by this time yesterday.
Likely close: Following investors’ appetite towards some banking and consumer goods names, we could see the bourse close the day positive.