ASI as at 12.00pm: +0.01%

Market movers: FBNH (+2.70%) and FIDELITYBK (+1.14%).

Top Gainers and Losers: JBERGER (+9.91%), JAPAULGOLD (+7.69%), UPDCREIT (-6.45%) and WAPIC (-5.00%).

Sector Performances:, Oil and Gas (+0.02%), Banking (-0.45%), Consumer Goods and Industrial.

Market activity: In today’s trade, total volume increased by 200% while total value decreased by 34%, compared to this time yesterday, as investors have traded about 54 million units of shares worth N415 million.

STERLNBANK (-1.45%) is the most traded stock by volume with about 18 million units of shares accounting for 33% of the total volume.

FBNH (+2.70%) is the most traded stock by value with about N159 million worth of shares accounting for 38% of the total value.

Likely close: In the absence of significant losses in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close positive if the gains observed in the Oil and Gas sector persists.