ASI: Intraday Update Projects NSE Closing Green

June 15, 2017/InvestmentOne Research

ASI as at 12.00pm: +1.07%

Market movers: MAYBAKER (+9.79%), SKYEBANK (+9.52%), INTBREW (-8.44%),


Sector Performances: Consumer Goods (+2.26%), Banking (+1.91%), Industrial (+0.10%), Oil & Gas (-0.08%)

Market activity: Activity levels are down compared to this time yesterday with investors exchanging 173m units of shares worth N2.52bn so far today. ZENITHBANK (+2.97%) is the most actively traded stock with c.33m units of shares accounting for c.20% of total volume.

Likely close: Given the positive sentiment in major sectors, the NSE-ASI looks likely to close in the green.