MARKET UPDATE – Tuesday, 31 October, 2017

The Nigerian equity market closed the month higher. The All Share Index (ASI) appreciated by 0.54% to close at 36,680.29 points while the market capitalization closed at N12.69 trillion. The market recorded 24 gainers and 27 losers.

Diamond Bank (42.94mn) Fidelity Bank (31.06mn) FBN Holdings (21.47mn) were the most actively traded stocks. The total volume of stocks traded was 259.06 million in 3,054 deals and the value of stocks traded was N3.05bn, up by 67.43% from N1.82bn recorded at the previous trading day.

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