MARKET UPDATE – Wednesday, 6 December, 2017

Trading on the Nigerian equity market ended on a bullish note as the All Share Index (ASI)  appreciated by 1.51% to close at 39,075.3 while the market capitalization closed at N13.608 trillion.  40 gainers and 13 losers emerged in today’s trading.

Custodian Insurance (131.82mn) UBA (92.45mn) and FBN Holdings (86.45mn) were the most actively traded stocks. The total volume of stocks traded was 703.67 million in 6,125 deals and the value of stocks traded was N7.29bn, down by 3.02% from N7.52bn recorded at the previous trading day.

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