MARKET UPDATE – Thursday, 30 August, 2018

The Nigerian equities market bowed to sell pressure as the All Share Index (ASI) declined by 0.77% to close at 35,086.67 while the market capitalization closed at N12.809 trillion. 11 stocks closed higher, 27 declined while 72 remained unchanged.

UBA (452.33mn), NEM (45.25mn) and Access Bank (30.74mn) were the most actively traded stocks. The total volume of stocks traded was 284.59 million in 3,303 deals and the value of stocks traded was 3.44bn up by 51.92% from N2.267bn recorded at the previous trading day

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