ASI as at 12.00pm: -0.16%. 

Market movers: BETAGLAS (-8.79%),  ETERNA (-3.41%), NEIMETH (+9.84%), NEM (+9.73%).

Sector Performances: Banking (-0.60%), Industrial (-0.29%), Consumer Goods (-0.02%) and Oil & Gas (+0.13%).

Market activity: In today’s early trade, while total volume increased by 31%, total value declined by 8% compared to this time yesterday as investors have exchanged about 110million units of shares worth about N1.84billion. ZENITHBANK (-1.38%) is the most actively traded stock with 29million units of shares accounting for about 39% of total volume. 

Likely close: In the absence of a significant gain in DANGCEM, the market may close down today if the losses across most sectors persist.