ASI as at 12.00pm: -0.25%

Market movers: 7UP (-4.96%), NEM (-4.92%), MANSARD (+4.74%), NESTLE (+1.24%)

Sector Performances: Oil & Gas (-0.67%), Consumer Goods (-0.56%), Banking (+0.02%), Industrial

Market activity: Investors have exchanged c.32m units of shares worth N350m so far today as activity levels remains less than inspiring. FCMB is the most actively traded stock with c.8m units of shares accounting for c.25% of total volume.

Likely close: The NSE-ASI is likely to close in the red again today as investor sentiment remains negative.