STOCK MARKET REPORT FOR 10TH OF AUGUST, 2018
A total turnover of 925.630 million shares worth N8.333 Billion in 15,565 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.391 billion shares valued at N20.316 billion that exchanged hands last week in 20,064 deals.
The Financial Services Industry (measured by volume) led the activity chart with 680.751 million shares valued at N5.283 Billion traded in 8,524 deals; thus contributing 73.54% and 63.40% to the total equity turnover volume and value respectively. The Healthcare Industry followed with 47.664 million shares worth N31.197 Million in 531 deals.
The third place was occupied by Conglomerates Industry with a turnover of 40.814 million shares worth N63.710 Million in 728 deals. Trading in the Top Three Equities namely –United Bank for Africa Plc, Wema Bank Plc and Zenith International Bank Plc (measured by volume) accounted for 260.554 million shares worth N2.790 Billion in 2,266 deals, contributing 28.15% and 33.48% to the total equity turnover volume and value respectively.