STOCK MARKET REPORT FOR DECEMBER 23RD, 2016
A turnover of 1.261 billion shares worth #17.520 billion in 14,861 deals were traded this week by investors on the floor of the exchange in contrast to a total of1.656 billion shares valued at #12.580 billion that exchanged hands last week in 12,860 deals.
The Financial Services Industry (measured by volume) led the activity chart with 798.128 million shares valued at #4.319 billion traded in 9,115 deals; thus contributing 63.31% and 24.33% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 222.51 million shares worth #4.379 billion in 2,022 deals. The third place was occupied by the Conglomerates Industry with a turnover of 89.061 million shares worth #7.862 billion in 1,937 deals.
Trading in the Top Three Equities namely- Union Bank Nigeria Plc, United Bank for Africa Plc and FCMB Group Plc (measured by volume) accounted for 358.709 million shares worth #960.482 billion in 870 deals, contributing 28.46% and 5.41% to the total equity turnover volume and value respectively.
This was culled from Nigeria Stock Exchange website, for further inquiries contact: Market Operations Department, Nigeria Stock Exchange. http://www.nse.com.ng/market_data-site/other-market-information-site/WeekMarket Report/Weekly Market Report