ASI as at 12.00pm: +0.04%

Market movers: RTBRISCOE (+9.38%), UPDC (+8.91%), LINKASSURE (-7.69%) and WAPIC (-7.32%).

Sector Performances: Banking (+0.41%), Oil and Gas (-0.32%), Consumer Goods (-0.04%) and Industrial.

Market activity: In today’s trade, total volume and value increased by 98% and 184% respectively compared to this time yesterday, as investors have traded about 81 million units of shares worth N885 million. UBA (+2.05%) is the most actively traded stock thus far with about 50 million units of shares accounting for about 62% of the total volume.

Likely close: In the absence of significant losses in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close positively if the gain printed in the banking sector persists.