RESEARCH REPORT FOR THE WEEK ENDED NOVEMBER 23, 2018 The market opened for four trading days this week as the Federal Government of Nigeria declared Tuesday 20th November 2018 a Public Holiday to mark the Eid-el Maulud celebrations.
The value of listed equities on The Nigerian Stock Exchange appreciated by 1.94% as a result of investors taking advantage of attractive prices through bargain hunting. As a result, the Nigerian Stock Exchange (NSE) All Share Index (ASI) closed at 32,678.70 points. The Three (3) top trading stocks (measured by volume) for the week are Zenith Plc, Diamond Bank Plc and Oando Plc. We expect more bargain hunting activities.