ASI as at 12.00pm: +0.09%

Top Gainers and Losers: MRS (+9.99%), LEARNAFRCA (+9.97%), AFRIPRUD (-9.37%) and CONHALLPLC (-8.33%).

Sector Performances: Oil & Gas (+0.33%), Consumer Goods (+0.08%), Banking (+0.06%) and Industrial.

Market activity: In today’s trade, total volume and value declined by 31% and 69%, when compared to this time yesterday, as investors have traded about 136 million units of shares worth NGN3.76 billion. 

AIICO (+9.68%) is the most traded stock by volume with about 14 million units of shares accounting for 10% of the total volume. 

ARADEL is the most traded stock by value with about NGN790 million worth of shares accounting for 21% of the total value. 

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