STOCK MARKET REPORT FOR 19TH OF OCTOBER, 2018
A total turnover of 1.380 billion shares worth N15.149 billion in 13,478 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 915.856 million shares valued at N9.835 billion that exchanged hands last week in 14,033 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.237 billion shares valued at N9.725 billion traded in 7,404 deals; thus contributing 89.62% and 64.19% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 62.505 million shares worth N1.689 billion in 2,560 deals.The third place was Oil and Gas Industry with a turnover of 26.341 million shares worth 2.447 billion in 1,213 deals.
Trading in the Top Three Equities namely – Sunu Assurances Nigeria Plc, Zenith Bank Plc and Guaranty Trust Bank Plc, (measured by volume) accounted for 772.902 million shares worth N7.841 billion in 2,050 deals, contributing 55.99% and 51.76% to the total equity turnover volume and value respectively.