STOCK MARKET REPORT FOR 6TH OF DECEMBER, 2019
A total turnover of 952.697 million shares worth N12.774 Billion in 17,279 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.161 billion shares valued at N13.174 Billion that exchanged hands last week in 18,142 deals.
The Financial Services Industry (measured by volume) led the activity chart with 690.986 million shares valued at N6.787 Billion traded in 10,718 deals; thus contributing 72.53% and 53.13% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 101.908 million shares worth N701.283 Million in 974 deals. The third place was Consumer Good Industry with a turnover of 57.636 million shares worth N2.009 Billion in 2,095 deals.
Trading in the Top Three Equities namely, FCMB Group Plc, Access Bank Plc and Zenith Bank Plc (measured by volume) accounted for 334.221 million shares worth N3.116 Billion in 3,684 deals, contributing 35.08% and 24.39% to the total equity turnover volume and value respectively.