STOCK MARKET REPORT FOR JANUARY 16TH, 2017

STOCK MARKET REPORT FOR JANUARY 16TH 2017

A turnover of 1.117 billion shares worth #9.041 billion in 16,482 deals were traded this week by investors on the floor of the exchange in contrast to a total of 4.319 million shares valued at #7.376 billion that exchanged hands last week in 9,330 deals.

The Financial Services Industry (measured by volume) led the activity chart with 903.696 Million shares valued at #3.336 billion traded in 9,240 deals; thus contributing 80.88% and 36.90% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 67.147 million shares worth #109.014 million in 609 deals. The third place was occupied by the Consumer Goods Industry with a turnover of 59.710 million shares worth #4.002 billion in 2,686 deals.

Trading in the Top Three Equities namely- Fidelity Bank Plc, Omoluabi Savings & Loans Plc and Diamond Plc (measured by volume) accounted for 299.270 million shares worth #277.933 million in 1,029 deals, contributing 26.79% and 3.07% to the total equity turnover volume and value respectively.

13th January 2017

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

 

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