STOCK MARKET REPORT FOR NOVEMBER 10TH, 2017
A total turnover of 1.316 billion shares worth N13.784 Billion in 19,169 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.363 billion shares valued at N17.714 billion that exchanged hands last week in 21,891 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.035 billion shares valued at N6.727 Billion traded in 10,471 deals; thus contributing 78.63% and 48.80% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 130.516 million shares worth N4.959 Billion in 4,490 deals. The third place was occupied by Conglomerates Industry with a turnover of 58.924 million shares worth N179.816 Million in 890 deals.
Trading in the Top Three Equities namely – JAIZ Bank Plc, Diamond Bank Plc and FBN Holdings Plc (measured by volume) accounted for 551.561 million shares worth N1.438 Billion in 3,003 deals, contributing 41.91% and 10.43% to the total equity turnover volume and value respectively.