MARKET UPDATE – Tuesday, 11 September, 2018

The Nigerian equities market declined further as sell pressure persists. The All Share Index (ASI) declined by 0.48% to close at 33,449.17 while the market capitalization closed at N12.211 trillion. 14 stocks closed higher, 30 declined while 62 remained unchanged.

GT Bank (17.47mn), UBA (15.56mn) and Diamond Bank (13.82mn) were the most actively traded stocks. The total volume of stocks traded was 150.67 million in 3,678 deals and the value of stocks traded was 1.59bn up by 17.7% from N1.35bn recorded at the previous trading day

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