The equity market closed the week strong as The Nigerian Stock Exchange All Share Index (NSE ASI) appreciated by 0.92% to close at 25,653.16 points.
The appreciation recorded in the share prices of GT Bank, Dangote Cement, FBN Holdings, UBA, and Lafarge Africa were mainly responsible for the gain recorded in the Index. Week-on-week, the NSE ASI appreciated by 1.64%, while Year-to-date, it depreciated by 4.55%. Similarly, the Market Capitalization appreciated by 0.92% to close at N8.88trn, compared with the appreciation of 0.46% recorded yesterday to close at N8.80trn.
However, the total value of stocks traded on the floors of The NSE was N1.86bn, down by 20.95% from N2.35bn recorded yesterday. The total volume of stocks traded was 151.38mn in 2,325 deals.
The three most actively traded stocks were: Zenith Bank (41.43mn), Fidelity Bank (29.90mn) and GT Bank (29.49mn). The most actively traded sectors were: Financial Services (140.87mn), Services (3.35mn) and Consumer Goods (2.91mn).
