In Investor News

A total turnover of 1.602 billion shares worth N42.142 Billion in 19,507 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.263 billion shares valued at N10.759 Billion that exchanged hands last week in 19,975 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.029 billion shares valued at N9.188 Billion traded in 11,095 deals; thus contributing 64.22% and 21.80% to the total equity turnover volume and value respectively. The ICT Industry followed with 215.482 million shares worth N29.855 Billion in 566 deals. The third place was Conglomerates Industry, with a turnover of 118.458 million shares worth N675.954 Million in 1,088 deals.

Trading in the top three equities namely Fidelity Bank Plc, MTN Nigeria Communications Plc and Guaranty Trust Bank Plc (measured by volume) accounted for 580.760 million shares worth N34.392 Billion in 3,197 deals, contributing 36.25% and 81.61% to the total equity turnover volume and value respectively.

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