RESEARCH REPORT FOR THE WEEK ENDED APRIL 18, 2019
The market opened for four trading days this week as the Federal Government of Nigeria declared Friday 19th April
2019 (Good Friday) and Monday 22nd April 2019 (Easter Monday) Public Holidays to mark the end of the End of
the Lenten season and Easter celebrations. The NSE All-Share Index and Market Capitalization appreciated by
1.78% to close the week at 30,086.31 and N11.301 trillion respectively. Similarly, all other indices finished higher
with the exception of the NSE Oil/Gas Index that depreciated by 2.12%
Meanwhile, a total turnover of 988.692 million shares worth N11.432. billion in 13,596 deals were traded this week
by investors on the floor of the Exchange in contrast to a total of 1.770 billion shares valued at N15.264 billion that
exchanged hands last week in 17,015 deals. The most traded stock by volume are Union Bank of Nigeria Plc,
Access Bank Plc and Guaranty Trust Bank Plc

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