ASI as at 12.00pm: -0.56%. 

Market movers: CHAMS (-9.68%), UAC-PROP (-4.91%), ACADEMY (+7.41%), CHAMS (+6.90%).

Sector Performances: Consumer Goods (-2.54%), Banking (-0.39%), Industrial (-0.37%), and Oil & Gas (-0.37%).

Market activity: In today’s early trade, total volume and value jumped 122% and 240% respectively compared to this time yesterday as investors have exchanged over 51million units of shares worth about N1.03billion. GUARANTY (-0.33%) is the most actively traded stock thus far with about 10million units of shares accounting for about 20% of total volume. 

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