MARKET UPDATE – Thursday, 30 November, 2017

The Nigerian equity market closed the month of November on a positive note. 31 gainers and 18 losers were recorded at the end of today’s trading. The All Share Index (ASI) was up by 0.62% to close at 37,944.60 while the market capitalization closed at N13.21 trillion.

Fidelity Bank (117.19mn) FBN Holdings (53.57mn) and Transcorp (48.69mn) were the most actively traded stocks. The total volume of stocks traded was 11.77 billion in 5,152 deals and the value of stocks traded was N21.38bn, up by 423.09% from N4.08bn recorded at the previous trading day.

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