ASI as at 12.00pm: +0.43%

Top Gainers and Losers: BUACEMENT (+5.23%), TRANSCOHOT (+7.01%), STANBIC (-4.44%) and OANDO (-3.39%).

Sector Performances: Industrial (+1.94%), Oil and Gas (+0.22%), Banking (-0.51%) and Consumer Goods (+0.08%).

Market activity: In today’s trade, total volume and value increased by 2% and 219% respectively, when compared to this time yesterday, as investors have traded about 255 million units of shares worth NGN29.18 billion. 

DANGCEM is the most traded stock by volume and value with about 20 million units of shares worth NGN15.67 billion accounting for 8% and 54% of the total volume and value. 

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