ASI as at 12.00pm: +0.35%

Top Gainers and Losers: CHELLARAM (+9.83%), SKYAVN (+9.36%), CAVERTON (-9.40%) and EUNISELL (-8.37%).

Sector Performances: Banking (+1.19%), Consumer Goods (+0.34%), Oil & Gas (-0.69%) and Industrial.

Market activity: In today’s trade, total volume reduced by 51% while total value advanced by 32% when compared to this time yesterday, as investors have traded about 171 million units of shares worth NGN4.67 billion. 

FCMB (+8.33%) is the most traded stock by volume with about 14 million units of shares accounting for 8% of the total volume. 

GTCO (+0.98%) is the most traded stock by value with about NGN738 million worth of shares accounting for 16% of the total value. 

Likely close: Barring any significant losses in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.