STOCK MARKET REPORT FOR AUGUST 25TH, 2017
A total turnover of1.538 billion shares worth N24.218 billion in 19,187dealswere traded this week by investors on the floor of the Exchange in contrast to a total of 1.394 billion shares valued at N25.037 billion that exchanged hands last week in 23,133 deals.
The Financial Services Industry (measured by volume) led the activity chart with1.209 billion shares valued at N14.210 billion traded in 10,692 deals; thus contributing 78.65% and58.68% to the total equity turnover volume and value respectively. The Agriculture Industry followed with 109.646 million shares worth N154.438 million in 321 deals. The third place was occupied by Consumer Goods Industry with a turnover of 83.608 million shares worth N6.247 billion in 3,726 deals.
Trading in the Top Three Equities namely–Unity Capital Assurance Plc, Guaranty Trust Bank Plc and AIICO Insurance Plc. (measured by volume) accounted for 579.065 million shares worth N7.900 billion in 1,856 deals, contributing37.66% and 32.62% to the total equity turnover volume and value respectively.