Yesterday, the ASI decreased by 267.73 absolute points, representing a dip of 0.91 percent to close at 29,110.90 points. The downturn was impacted by losses recorded in medium and large value stocks, amongst which were; MTN Nigeria, Guaranty Trust Bank, Unilever Nigeria, UAC of Nigeria (UACN), and BOC Gases Nigeria. Transactions in the shares of Zenith Bank topped the activity chart with 46.57 million shares valued at N980.70 million. Unilever Nigeria followed with 25.01 million shares worth N375.32 million.Guaranty Trust Bank traded 24.34 million shares at N740.24 million. FCMB Group traded 21.08 million shares valued at N41.11 million, while United Bank for Africa (UBA) transacted 12.37 million shares worth N101.99 million.

Source: The Guardian January 30, 2020 03:00 UTC