ASI as at 12.00pm: -0.22%. 

Market movers: SKYAVN (-9.89%), UAC-PROP (-9.38%), CONTINSURE (+9.55%), CORNERST (+7.69%).

Sector Performances: Industrial (-0.47%), Banking (-0.30%), Oil & Gas and Consumer Goods (+0.35%)

Market activity: In today’s early trade, total volume and total value surged by 488% and 167% respectively compared to this time yesterday as investors have exchanged about 294million units of shares worth about N5.6billion. CUSTODIAN (+7.69%) is the most actively traded stock thus far with about 89million units of shares accounting for about 30% of total volume.  

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