InvestmentOne midday daily update reports that market movers are Dangote Flour Mills Plc and Regal Alliance Insurance Plc both plunged -9.62 percent and -7.41 percent each, while, laboratory Services Company, Union Diagnostic & Clinical Services Plc and cement manufacturer, Dangote Cement Plc; both appreciated +7.14 percent and +2.29 percent apiece.

In terms of sector performances, InvestmentOne reports that the Banking and Consumer Goods sectors are down -1.64 percent and -0.95 percent respectively, the  Industrial sector gained by +0.95 percent, while the Oil & Gas is also up .

The update says that market activity in Thursday’s early trade, shows that total volume and value increased by 50 percent and 217 percent compared to this time on Wednesday as investors have exchanged about 132 million units of shares worth about N1.13 billion.

Sunu Assurances Nigeria Plc is the most actively traded stock with 38 million units of shares accounting for about 29 percent of total volume.

“Likely close: In the absence of a significant gain in DANGCEM, the market may close down today if the losses in Banking and Consumer names continue,” the Update affirmed.