MARKET UPDATE – Monday, 10 September, 2018

The Nigerian equities market opened the week on a bearish note. The All Share Index (ASI) declined by 1.25% to close at 33,611.69 while the market capitalization closed at N12.271 trillion. 11 stocks closed higher, 21 declined while 73  remained unchanged.

Diamond Bank (30.07mn), UBA (16.66mn) and GT Bank (11.24mn) were the most actively traded stocks. The total volume of stocks traded was 137.62 million in 3,104 deals and the value of stocks traded was 1.36bn down by 35.52% from N2.10bn recorded at the previous trading day

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