MARKET UPDATE – Thursday, 4 October, 2018

The Nigerian equities market traded lower for the third consecutive day. The All Share Index (ASI) declined marginally by 0.09% to close at 32,423.57 while the market capitalization closed at N11.837 trillion. 19 stocks closed higher, 18 declined while 67 remained unchanged.

FCMB (28.92mn), Fidelity Bank (19.08mn) and GT Bank (18.16mn) were the most actively traded stocks. The total volume of stocks traded was 151.35 million in 2,356 deals and the value of stocks traded was 1.54bn up by 7.83% from N1.43bn recorded at the previous trading day

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