November 10, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.48%

Market movers: CHAMPION (-5.00%), CCNN (-4.95%), CAVERTON (+8.64%), FO (+5.00%) 

Sector Performances: Banking (-0.39%), Consumer Goods (-0.37%), Insurance (-0.15%), Industrial (-0.08%), Oil & Gas (+0.48%) 

Market activity: Turnover appears to be less than inspiring so far today with investors exchanging 37m units of shares worth N305m. FBNH (-0.55%) is the most actively traded stock with 6.7m units of shares accounting for c.19% of total volume.

Likely close: We are likely to see the ASI close in the red today as investor sentiment appears negative across most sectors.