STOCK MARKET REPORT FOR 18TH OCTOBER 2019
A total turnover of 896.610 million shares worth N16.561 billion in 12,638 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.409 billion shares valued at N31.959 billion that exchanged hands last week in 13,616 deals.
The Financial Services industry (measured by volume) led the activity chart with 597.154 million shares valued at N6.721 billion traded in 7,197 deals; thus contributing 66.60% and 40.58% to thetotal equity turnover volume and value respectively. The Consumer Goods industry followed with 102.130 million shares worth N7.214 billion in 2,027 deals. The third place was Service industry with a turnover of 84.001 million shares worth N377,017 million in 264 deals.
Trading in the Top Three Equities namely, Guaranty Trust Bank Plc, Global Spectrum Energy Services Plc and Flour Mills Nigeria Plc. (measured by volume) accounted for 302.285 million shares worth N5.510 billion in 1,290 deals, contributing 33.71% and 33.27% to the total equity turnover volume and value respectively.