STOCK MARKET REPORT FOR 29TH OF JUNE, 2018
A total turnover of 2.004 billion shares worth N21.582 Billion in 18,534 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.097 billion shares valued at N15.471 Billion that exchanged hands last week in 16,288 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.509 Billion shares valued at N13.540 Billion traded in 10,164 deals; thus contributing 75.32% and 62.74% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 237.759 million shares worth N3.441 Billion in 3,243 deals. The third place was occupied by Conglomerates Industry with a turnover of 88.374 million shares worth N272.722 million in 777 deals.
Trading in the Top Three Equities namely – Union Bank of Nigeria Plc, Sterling Bank Plc and Wema Bank Plc (measured by volume) accounted for 700.918 million shares worth N2.016 Billion in 501 deals, contributing 34.98% and 9.34% to the total equity turnover volume and value respectively.