MARKET UPDATE – Monday, 4 December, 2017

The Nigerian equity market opened the month of December on a positive note.19 gainers and 25 losers emerged after today’s trading. The All Share Index (ASI) was up by 0.08% to close at 37,974.58 while the market capitalization closed at N13.22 trillion.

Custodian Insurance (70mn) FBN Holdings (56.86mn) and Zenith Bank (55.62mn) were the most actively traded stocks. The total volume of stocks traded was 500.19 million in 4,966 deals and the value of stocks traded was N6.36bn, down by 70.28% from N21.38bn recorded at the previous trading day.

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