MARKET UPDATE – Friday, 5 October, 2018

The Nigerian equities market extended its downward trend to the fourth day in the week as the All Share Index (ASI) declined by 0.12% to close at 32,383.15 while the market capitalization closed at N11.822 trillion. 21 stocks closed higher, 15 declined while 74 remained unchanged.

FCMB (42.09mn), Access Bank (32.55mn) and Zenith Bank (12.34mn) were the most actively traded stocks. The total volume of stocks traded was 166.64 million in 2,431 deals and the value of stocks traded was 1.48bn down by 3.7% from N1.54bn recorded at the previous trading day

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