STOCK MARKET REPORT FOR 13TH DECEMBER 2019
A total turnover of 1.044 billion shares worth N14.628 billion in 14,974 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 952.697 million shares valued at N12.774 billion that exchanged hands last week in 17,279 deals.
The Financial Services industry (measured by volume) led the activity chart with 556.905 million shares valued at N5.678 billion traded in 8,267 deals; thus contributing 53.33% and 38.81% to the total equity turnover volume and value respectively. The Healthcare industry followed with 215.030 million shares worth N122.603 million in 412 deals. The third place was Conglomerates industry with a turnover of 89.601 million shares worth N466.294 million in 874 deals.
Trading in the Top Three Equities namely, Union Diagnostics and Clinical Services Plc, United Bank for Africa Plc and Guaranty Trust Bank Plc. (measured by volume) accounted for 379.095nmillion shares worth N3.066 billion in 1,704 deals, contributing 36.30% and 20.96% to the total equity turnover volume and value respectively.