STOCK MARKET REPORT FOR 17TH JANUARY 2019
A total turnover of 2.087 billion shares worth N26.470 billion in 24,262 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 2.683 billion shares valued at N32.646 billion that exchanged hands last week in 30,956 deals.
The Financial Services industry (measured by volume) led the activity chart with 1.117 billion shares valued at N13.693 billion traded in 13,739 deals; thus contributing 53.51% and 51.73% to the total equity turnover volume and value respectively. The Healthcare industry followed with 521.893 million shares worth N182.965 million in 420 deals. The third place was Conglomerates industry, with a turnover of 123.606 million shares worth N573.907 million in 1,164 deals.
Trading in the Top Three Equities namely, Union Diagnostic & Clinical Services Plc, Access Bank Plc and Zenith Bank Plc. (measured by volume) accounted for 877.992 million shares worth N8.399 billion in 5,251 deals, contributing 42.06% and 31.73% to the total equity turnover volume and value respectively.