STOCK MARKET REPORT FOR DECEMBER 15TH, 2017
A total turnover of 1.852 billion shares worth N51.523 Billion in 23,863 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.316 billion shares valued at N36.451 Billion that exchanged hands last week in 29,771 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.377 billion shares valued at N17.137 Billion traded in 14,334 deals; thus contributing 74.35% and 33.26% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 175.880 million shares worth N8.044 Billion in 4,882 deals. The third place was occupied by Conglomerates Industry with a turnover of 134.882 million shares worth N821.653 Million in 1,108 deals.
Trading in the Top Three Equities namely – Zenith International Bank Plc, FBN Holdings Plc and Diamond Bank Plc and (measured by volume) accounted for 632.027 million shares worth N8.494 Billion in 5,616 deals, contributing 34.13% and 16.49% to the total equity turnover volume and value respectively.