STOCK MARKET REPORT FOR 29TH OF MARCH, 2019
A total turnover of 2.629 billion shares worth N12.794 Billion in 15,558 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.198 billion shares valued at N12.273 Billion that exchanged hands last week in 18,293 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.346 billion shares valued at N8.602 Billion traded in 9,331 deals; thus contributing 89.23% and 67.23% to the total equity turnover volume and value respectively. The ICT Industry followed with 140.531 million shares worth N28.117 Million in 113 deals. The third place was occupied by Consumer Goods Industry with a turnover of 54.152 million shares worth N2.099 Billion in 2,613 deals.
Trading in the Top Three Equities namely – Wema Bank Plc, Chams Plc and Zenith Bank Plc (measured by volume) accounted for 1.948 billion shares worth N3.449 Billion in 1,642 deals, contributing 74.08% and 26.96% to the total equity turnover volume and value respectively.