MARKET UPDATE – Monday, 13 August, 2018

The Nigerian equities market resumed trading on downward trend. The All Share Index (ASI) declined by 0.10% to close at 35,410.61 while the market capitalization closed at N12.928 trillion. 14 stocks closed higher, 26 declined while 68 remained unchanged.

UBA (30.59mn), FBN Holdings (14.03mn) and GT Bank (13.87mn) were the most actively traded stocks. The total volume of stocks traded was 160.43 million in 3,120 deals and the value of stocks traded was 2.21bn up by 8.96% from N2.03bn recorded at the previous trading day

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