ASI as at 12.00pm: +0.67%

Top Gainers and Losers: ROYALEX (+10.00%), LIVINGTRUST (+10.00%), SUNUASSUR (-10.00%) and SOVRENINS (-9.41%).

Sector Performances: Consumer Goods (+1.24%), Banking (+0.38%), Industrial (+0.09%) and Oil & Gas (+0.06%).

Market activity: In today’s trade, total volume and value advanced by 130% and 103%, when compared to this time last trading day, as investors have traded about 446 million units of shares worth NGN5.1 billion. 

STERLINGNG (-1.03%) is the most traded stock by volume with about 186 million units of shares accounting for 58% of the total volume. 

WEMABANK (-0.56%) is the most traded stock by value with about NGN1.32 billion worth of shares accounting for 26% of the total value. 

Likely close: In the absence of any major decline in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.