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Nigerian Stock Market Closes Lower Ending Six- Days of Positive Performance

The Nigerian equities market closed lower, ending six-days of positive performance. The All Share Index (ASI) declined by 1.89% to close at 30,881.29, while the market capitalization closed at N13.6017 trillion. 21 stocks closed higher, 17 declined while 64 remained unchanged.

GT Bank (54.75mn), UBA (46.17mn) and Access Bank (39.97mn) were the most actively traded stocks. The total volume of stocks traded was 294.06 million in 4,352 deals and the value of stocks traded was N6.62bn down by 23.64% from N8.68bn recorded at the previous trading day.

Kindly click on the link to download the daily market update for 24 May 2019

Thank you.

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