MARKET UPDATE – Monday, 27 November, 2017

The Nigerian equity market opened the week on a bearish note as the All Share Index (ASI) declined by 0.31% to close at 37,250.78 while the market capitalization closed at N12.973 trillion.

Wapic Insurance (650.54mn) Tantalizer (43.81mn) and Fidelity Bank (31.87mn) were the most actively traded stocks. The total volume of stocks traded was 942.72 million in 3,868 deals and the value of stocks traded was N4.78bn, down by 5.18 from N5.04bn recorded at the previous trading day.

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