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Secondary Market Report SECONDARY MARKET Market capitalization rose from N8.974 trillion as at December 2012 to close at N13.226 trillion on December 31, 2013, representing an increase of 47.4% while the All Share Index (ASI) rose from 28,078.81 points as at December 31, 2012 to close at 41,329.19 points representing an increase of 47.2%. A turnover of 105.99 billion shares worth N1.02 trillion was recorded for the year compared to 87.75 billion shares worth N651.17 billion recorded in 2012, representing an appreciation of 20 percent and 56 percent in volume and value respectively. Annual Report and Accounts 2013 - Securities & Exchange Commission 34 =4

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