STOCK MARKET REPORT FOR APRIL 13TH, 2018
A total turnover of 1.415 billion shares worth N19.644 Billion in 20,659 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.765 billion shares valued at N26.562 Billion that exchanged hands last week in 20,265 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.136 billion shares valued at N12.336 Billion traded in 12,240 deals; thus contributing 80.26% and 62.80% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 103.972 million shares worth N5.723 Billion in 3,369 deals. The third place was occupied by the Oil & Gas Industry with a turnover of 51.007 million shares worth N436.610 million in 1,417 deals.
Trading in the Top Three Equities namely –Zenith International Bank Plc, Sovereign Trust Insurance Plc and Skye Bank Plc (measured by volume) accounted for 437.704 million shares worth N5.609 Billion in 2,659 deals, contributing 30.93% and 28.55% to the total equity turnover volume and value respectively.