October 31, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.71% 

Market movers: INTBREW (-9.55%), FIDELITY (-6.17%), ETERNA (+5.28%), NEM (+4.84%) 

Sector Performances: Banking (-0.81%), Consumer Goods (-0.65%), Oil & Gas (-0.27%), Insurance (+1.27%), Industrial  

Market activity: Market turnover inched up today compared to this time yesterday, as investors exchanged c.103m units of shares worth c.N794m. FIDELITY (-6.17%) is the most actively traded stock with c.27m units of shares accounting for 26% of total volume.  

Likely close: Given the massive sell-off across major sectors, we are likely to see the ASI end negative today.