STOCK MARKET REPORT FOR JANUARY 6TH, 2017

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STOCK MARKET REPORT FOR JANUARY 6TH, 2017

STOCK MARKET REPORT FOR JANUARY 6TH, 2017

It was a brief trading week as the Federal Government of Nigeria declared Monday 2nd of January, 2017 as Public Holiday for the New Year celebration.

Meanwhile, a total turnover of 4.319 billion shares worth #7.319 billion in 9,330 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 405.939 million shares valued at #3.724 billion that exchanged hands last week in 6,363 deals.

The Financial Services Industry (measured by volume) led the activity chart with 4.177 billion shares valued at #5.306 billion traded in 5,047 deals; thus contributing 96.71% and 71.94% to the total equity turnover volume and value respectively. The Oil & Gas Industry followed with 65.827 million shares worth #594.522 million in 1,385 deals. The third place was occupied by Conglomerates Industry with a turnover of 26,487 million shares worth #48,163 million in 299 deals.

Trading in the Top Three Equities namely – Unity Kapital Assurance Plc, Omoluabi Savings and Loans PLC and FCMB Group Plc (measured by volume) accounted for 3.863 billion shares worth #3.013 billion in 286 deals, contributing 89.45% and 40.85% to the total equity turnover volume and value respectively.

6th-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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