STOCK MARKET REPORT FOR 30TH AUGUST 2019
A total turnover of 713.141 million shares worth N13.295 billion in 16,237 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.337 billion shares valued at N19.712 billion that exchanged hands last week in 18,379 deals.
The Financial Services industry (measured by volume) led the activity chart with 401.887 million shares valued at N4.069 billion traded in 8,627 deals; thus contributing 56.35% and 30.60% to the total equity turnover volume and value respectively. The Conglomerates industry followed with 123.330 million shares worth N197.298 million in 755 deals. The third place was ICT industry with a turnover of 53.887 million shares worth N5.296 billion in 852 deals.
Trading in the Top Three Equities namely, Transnational Corporation of Nigeria Plc, Access Bank Plc and Zenith Bank Plc (measured by volume) accounted for 242.657 million shares worth N1.808 billion in 2,990 deals, contributing 34.03% and 13.60% to the total equity turnover volume and value respectively.