It was a bullish session at the Nigerian Stock Exchange week ended 8th March, 2019 as both the All Share Index (ASI) and the Market Capitalization increase by 3% closing at 31,924 points and N11.905 trillion respectively. The volume and value of shares traded however decreased by 462 million and N6.808 billion respectively while the number of deals traded also decreased from 23.319 the previous week to 17,307 in the week under review.
Trends in the market indicates that ASI has increased by 2,094 basic point maintaining 7% rise since the beginning of 2019
Market Capitalization has also increased by 7% since the beginning of year 2019.
The Financial sector remains most active sector during the week ended 8th March 2018 in all the indices on the exchange. The sector is responsible for 84% of both the Value and Volume of Stock traded and also responsible for 65% of number of deals.