December 14, 2017/InvestmentOne Report

ASI as at 12.00pm: -0.77% 

Market movers: FLOURMILL (-9.71%),  CUSTODIAN (-4.81%), FCMB (+2.34%), FIDELITYBK (+1.69%). 

Sector Performances: Banking (-0.19%), Consumer Goods (-0.39%), Industrial (-1.15%), Oil & Gas. 

Market activity: In today’s early trade, total volume contracted by c.24% while total value rose by c.57% compared to this time yesterday, as investors have so far exchanged c.61m units of shares worth c.N990m. FBNH (-0.99%) is the most actively traded stock with c.19m units of shares accounting for c.31% of total volume. 

Likely close: The market could close down today if the profit taking across most sectors continue.