MARKET UPDATE – Thursday, 27 September, 2018

The Nigerian equities market declined further as market witnessed selling pressure. The All Share Index (ASI) declined by 0.61% to close at 32,763.35 while the market capitalization closed at N11.96 trillion. 13 stocks closed higher, 21 declined while 63 remained unchanged.

Fidelity Bank (23.30mn), GT Bank (16.76mn) and UBA (16.22mn) were the most actively traded stocks. The total volume of stocks traded was 154.29 million in 2,715 deals and the value of stocks traded was 2.73bn up by 32.99% from N2.05bn recorded at the previous trading day

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