STOCK MARKET REPORT FOR 31ST JANUARY 2019
A total turnover of 1.561 billion shares worth N26.073 billion in 21,444 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.237 billion shares valued at N22.762 billion that exchanged hands last week in 21,156 deals.
The Financial Services industry (measured by volume) led the activity chart with 1.154 billion shares valued at N13.650 billion traded in 11,306 deals; thus contributing 73.93% and 52.35% to the total equity turnover volume and value respectively. The Consumer Goods followed with 137.115 million shares worth N3.177 billion in 2,908 deals. The third place was ICT industry, with a turnover of 94.464 million shares worth N6.554 billion in 894 deals.
Trading in the Top Three Equities namely, Veritas Kapital Assurance Plc, Zenith Bank Plc and Guaranty Trust Bank Plc. (measured by volume) accounted for 604.668 million shares worth N9.370 billion in 4,069 deals, contributing 38.74% and 35.94% to the total equity turnover volume and value respectively.