STOCK MARKET REPORT FOR DECEMBER 9TH, 2016

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STOCK MARKET REPORT FOR DECEMBER 9TH, 2016

A turnover of 894.759 million shares worth #10.629 billion in 13,418 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.479 billion shares valued at #9.988 billion that exchanged hands last week in 12,059 deals.

The Financial Services Industry (measured by volume) led the activity chart with 695.612 million shares valued at #2.542 billion traded in 6,978 deals; thus contributing 77.74% and 23.92% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 71.988 million shares worth #5.956 billion in 2,362 deals. The third place was occupied by the Conglomerates Industry with a turnover of 56.868 million shares worth #112.727 million in 717 deals.

Trading in the top three Equities namely- Diamond Bank PLC, Wema Bank PLC & FCMB Group Plc (measured by volume) accounted for 381.114 million shares worth #299.228 million in 1,202 deals, contributing 42.59% and 2.82% to the total equity turnover volume and value respectively.

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