ASI as at 12.00pm: +0.01%

Top Gainers and Losers: PRESCO (+10.00%), CHELLARAM (+9.95%), ROYALEX (-5.05%) and NEM (-4.98%).

Sector Performances: Oil & Gas (+0.02%), Banking (-0.50%), Industrial (-0.15%) and Consumer Goods (-0.04%).

Market activity: In today’s trade, total volume and value decreased by 34% and 35% respectively, when compared to this time last week Friday, as investors have traded about 167 million units of shares worth NGN3.60 billion. 

ZENITHBANK (-1.19%) is the most traded stock by volume and value with about 13 million units of shares worth about N625 million accounting for 7% and 17% of the total volume and value, respectively. 

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