MARKET UPDATE – Thursday, 20 September, 2018

The Nigerian equities market closed higher as market enjoyed positive investors’ sentiments. The All Share Index (ASI) appreciated by 0.33% to close at 32,480.89 while the market capitalization closed at N11.858 trillion. 25 stocks closed higher, 15 declined while 66 remained unchanged.

NEM (39.12mn), First Aluminium (36.57mn) and Zenith Bank (20.72mn) were the most actively traded stocks. The total volume of stocks traded was 226.02 million in 2,873 deals and the value of stocks traded was 2.34bn up by 32.09% from N1.77bn recorded at the previous trading day

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