STOCK MARKET REPORT FOR 18TH OF JANUARY, 2019
A total turnover of 1.270 billion shares worth N13.463 billion in 16,476 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.265 billion shares valued at N14.074 billion that exchanged hands last week in 19,278 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.131 billion shares valued at N10.573 billion traded in 10,352 deals; thus contributing 89.06% and 78.54% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 37.744 million shares worth N1.628 billion in 2,054 deals. The third place was Conglomerates Industry with a turnover of 37.699 million shares worth N102.918 million in 566 deals.
Trading in the Top Three Equities namely, Diamond Bank Plc, Guaranty Trust Bank Plc and Zenith Bank Plc (measured by volume) accounted for 696.955 million shares worth N8.509 billion in 3,753 deals, contributing 54.86% and 63.20% to the total equity turnover volume and value respectively.