STOCK MARKET REPORT FOR FEBURARY 2ND 2018

 In Investor News

A total turnover of 3.268Billion shares worth N28.123 Billion in 35,761 deals were traded this week by Investors on the floor of the Exchange in contrast to a total of 7.157 Billion shares valued at N42.545 Billion that exchanged hands last week in 39,037 deals.

The Financial Services Industry (measured by volume) led the activity chart with 2.482 Billion shares valued at N17.056 Billion traded in 23,039 deals; thus contributing 75.96% and 60.65% to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 375.113 Million shares worth N1.047 Billion in 1,968 deals. The third place was occupied by Consumer Goods Industry with a turnover of 262.198Million shares worth N6.843 Billion in 5,921 deals.

Trading in the Top Three Equities namely–FCMB Group Plc, Transnational Corporation of Nigeria Plc, and Skye Bank Plc (measured by volume) accounted for 1.181 Billion shares worth N2.830 Billion in 5,219 deals, contributing 36.14% and 10.06% to the total equity turnover volume and value respectively.

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