STOCK MARKET REPORT FOR 29TH NOVEMBER 2019
A total turnover of 1.161 billion shares worth N13.174 billion in 18,142 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.416 billion shares valued at N17.249 billion that exchanged hands last week in 20,303 deals.
The Financial Services industry (measured by volume) led the activity chart with 801.229 million shares valued at N6.219 billion traded in 10,415 deals; thus contributing 68.98% and 47.20% to the total equity turnover volume and value respectively. The Conglomerate industry followed with 139.940 million shares worth N585.927 million in 943 deals. The third place was Consumer Goods industry with a turnover of 84.546 million shares worth N3.445 billion in 2,674 deals.
Trading in the Top Three Equities namely, Law Union & Rock Insurance Plc, Zenith Bank Plc and United Bank for Africa Plc. (measured by volume) accounted for 369.396 million shares worth N3.086 billion in 3,360 deals, contributing 31.80% and 23.43% to the total equity turnover volume and value respectively.