MARKET UPDATE – Tuesday, 25 September, 2018

The Nigerian equities market reversed yesterday’s loss as the All Share Index (ASI) appreciated by 2.08% to close at 33,114.44 while the market capitalization closed at N12.089 trillion. 26 stocks closed higher, 20 declined while 51 remained unchanged.

Zenith Bank (43.282mn), International Breweries (36.95mn) and UBA (35.25mn) were the most actively traded stocks. The total volume of stocks traded was 222.95 million in 3,327 deals and the value of stocks traded was 3.28bn down by 0.7% from N3.31bn recorded at the previous trading day

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