STOCK MARKET REPORT FOR 13TH OF JULY, 2018
A total turnover of 1.219 billion shares worth N17.333 Billion in 17,362 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.842 billion shares valued at N16.594 Billion that exchanged hands last week in 18,941 deals.
The Financial Services Industry (measured by volume) led the activity chart with 842.823 Million shares valued at N9.587 Billion traded in 9,231 deals; thus contributing 69.15% and 55.31% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 113.667 million shares worth N4.657 Billion in 3,120 deals. The third place was occupied by Services Industry with a turnover of 105.623 million shares worth N519.813 million in 593 deals.
Trading in the Top Three Equities namely – Access Bank Plc, Zenith International Bank Plc and Nigerian Aviation Handling Company Plc (measured by volume) accounted for 497.482 million shares worth N6.619 Billion in 2,251 deals, contributing 40.82% and 38.19% to the total equity turnover volume and value respectively.