STOCK MARKET REPORT FOR 10TH OF SEPTEMBER, 2018
A total turnover of 960.940 million shares worth N18.329 Billion in 16,896 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 892.725 million shares valued at N13.075 Billion that exchanged hands last week in 15,607 deals.
The Financial Services Industry (measured by volume) led the activity chart with 774.087 million shares valued at N9.244 Billion traded in 10,637 deals; thus contributing 80.56% and 50.44% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 54.805 million shares worth N80.062 Million in 740 deals. The third place was Consumer Goods Industry with a turnover of 43.013 million shares worth N3.341 Billion in 2,468 deals.
Trading in the Top Three Equities namely – Guaranty Trust Bank, Zenith Bank Plc and Access Bank Plc (measured by volume) accounted for 329.986 million shares worth N7.573 Billion in 3,871 deals, contributing 34.34% and 41.32% to the total equity turnover volume and value respectively.