STOCK MARKET REPORT FOR 27TH SEPTEMBER 2019
A total turnover of 1.097 billion shares worth N16.693 billion in 14,717 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.272 billion shares valued at N18.750 billion that exchanged hands last week in 19,482 deals.
The Financial Services industry (measured by volume) led the activity chart with 751.568 million shares valued at N6.414 billion traded in 8,086 deals; thus contributing 68.53% and 38.43% to the total equity turnover volume and value respectively. The Consumer Goods industry followed with 141.469 million shares worth N8.531 billion in 2,427 deals. The third place was Conglomerates Industry with a turnover of 101.787 million shares worth N203.242 million in 956 deals.
Trading in the Top Three Equities namely, Access Bank Plc, Nigerian Breweries Plc and Custodian Investment Plc (measured by volume) accounted for 494.681 million shares worth N8.954 billion in 2,137 deals, contributing 45.11% and 53.64% to the total equity turnover volume and value respectively.