STOCK MARKET REPORT FOR FEBRUARY 23RD, 2018
A total turnover of 2.018 billion shares worth N21.740 Billion in 25,496 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.940 billion shares valued at N27.924 Billion that exchanged hands last week in 28,567 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.520 billion shares valued at N12.648 Billion traded in 16,225 deals; thus contributing 75.30% and 58.18% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 130.660 million shares worth N6.912 Billion in 4,168 deals. The third place was occupied by Oil and Gas Industry with a turnover of 130.163 million shares worth N251.941 Million in 1,420 deals.
Trading in the Top Three Equities namely – FBN Holdings Plc, Fidelity Bank Plc and Skye Bank Plc (measured by volume) accounted for 567.824 million shares worth N3.456 Billion in 4,891 deals, contributing 28.14% and 15.90% to the total equity turnover volume and value respectively.