ASI: Intraday Update

June 13, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.15%

Market movers: FO (-9.57%), CHAMPION (-4.94%), MAYBAKER (+9.94%),

TRANSCORP (+9.64%)

Sector Performances: Oil & Gas (-1.65%), Banking (-0.45%), Consumer Goods (-0.24%), Industrial (+0.05%)

Market activity:  Activity levels are down compared to this time yesterday as investors have exchanged 116m units of shares worth N697m so far today, compared to 205m units of stocks worth c.N2.15bn this time yesterday. TRANSCORP  is the most actively traded stock with c.37m units of shares accounting for c.32% of total volume.

Likely close: Given the sell-off in most major sectors in early trading today, we may see the NSE-ASI close negative today.

opan



investadvocate