MARKET UPDATE – Tuesday, 19 December, 2017

The Nigerian equity market continued its downward trend as the All Share Index (ASI)  declined by 0.46% to close at 37,783.76 while The market capitalization closed at N13.44 trillion. 15 gainers and 25 losers emerged in today’s trading.

Transcorp (360.34mn) FBN Holdings (63.80mn) and Zenith Bank (62.51mn) were the most actively traded stocks. The total volume of stocks traded was 649.58 million in 3,792 deals and the value of stocks traded was N5.425bn, down by 95.76% from N127.93bn recorded at the previous trading day.

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