STOCK MARKET REPORT FOR 6TH OF JULY, 2018
A total turnover of 1.842 billion shares worth N16.594 Billion in 18,941 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.004 billion shares valued at N21.582 Billion that exchanged hands last week in 18,534 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.018 Billion shares valued at N10.906 Billion traded in 10,092 deals; thus contributing 55.28% and 65.72% to the total equity turnover volume and value respectively. The Service Industry followed with 313.481 million shares worth N1.861 Billion in 782 deals. The third place was occupied by Natural Resources Industry with a turnover of 304.922 million shares worth N61.366 million in 82 deals.
Trading in the Top Three Equities namely – Union Bank of Nigeria Plc, Multiverse Mining and Exploration Plc and Nigerian Aviation Handling Company Plc (measured by volume) accounted for 912.300 million shares worth N5.308 Billion in 1,025 deals, contributing 49.53% and 31.99% to the total equity turnover volume and value respectively.