MARKET UPDATE – Monday, 18 December, 2017

The Nigerian equity market came under pressure as the index opened the week on a bearish note.The All Share Index (ASI)  declined by 1.24% to close at 37,957.96 while The market capitalization closed at N13.51 trillion.

Dangote Cement (550.09mn) GT Bank (41.33mn) and Zenith Bank (35.29mn) were the most actively traded stocks. The total volume of stocks traded was 752.11 million in 3,576 deals and the value of stocks traded was N127.93bn, up by 1,294.64% from N9.17bn recorded at the previous trading day.

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