STOCK MARKET REPORT FOR AUGUST 18TH, 2017
A total turnover of1.394 billion shares worth N25.037 billion in 23,133 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.518 billion shares valued at N28.868 billion that exchanged hands last week in 23,053 deals.
The Financial Services Industry (measured by volume) led the activity chart with1.185 billion shares valued at N15.073 billion traded in 13,728 deals; thus contributing 84.99 % and 60.20% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 90.576 million shares worth N7.384 billion in 4,687deals. The third place was occupied by Conglomerates Industry with a turnover of 40.906 million shares worth N87.613million in796 deals.
Trading in the Top Three Equities namely–Access Bank Plc, Zenith International Bank Plc and Guaranty Trust Bank Plc. (measured by volume) accounted for 655.596million shares worth N12.182billion in 4,881 deals, contributing 47.02%and 48.65% to the total equity turnover volume and value respectively.