MARKET UPDATE – Monday, 24 September, 2018

The Nigerian equities market opened the week on a negative note. The All Share Index (ASI) declined by 0.27% to close at 32,451.27 while the market capitalization closed at N11.847 trillion. 13 stocks closed higher, 23 declined while 66 remained unchanged.

GT Bank (66.967mn), Transcorp (15.83mn) and UBA (10.57mn) were the most actively traded stocks. The total volume of stocks traded was 190.57 million in 2,942 deals and the value of stocks traded was 3.31bn down by 68.76% from N10.58bn recorded at the previous trading day

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