MARKET UPDATE – Thursday, 7 December, 2017

Trading on the Nigerian equity market closed again on a positive note. The All Share Index (ASI)  appreciated by 1.17% to close at 39,534.14 while the market capitalization closed at N13.768 trillion.  28 gainers and 17 losers emerged in today’s trading.

FCMB (154.33mn) FBN Holdings (127.9mn) and UBA (124.74mn) were the most actively traded stocks. The total volume of stocks traded was 1.06 billion in 8,464 deals and the value of stocks traded was N10.16bn, up by 39.22% from N7.29bn recorded at the previous trading day.

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