STOCK MARKET REPORT FOR 7TH OF DECEMBER, 2018
A total turnover of 1.107 billion shares worth N11.192 billion in 14,430 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.199 billion shares valued at N14.277 billion that exchanged hands last week in 15,841 deals.
The Financial Services Industry (measured by volume) led the activity chart with 891.032 million
shares valued at N7.180 billion traded in 8,929 deals; thus contributing 80.50% and 64.16% to the total equity turnover volume and value respectively. The Oil and Gas Industry followed with 76.097 million shares worth N519.777 million in 993 deals. The third place was Services Industry with a turnover of 45.890 million shares worth N81.670 million in 355 deals.
Trading in the Top Three Equities namely FBN Holdings Plc, First City Monument Bank Plc, and
Diamond Bank Plc, (measured by volume) accounted for 547.260 million shares worth N2.409 billion in 2,605 deals, contributing 49.44% and 21.53% to the total equity turnover volume and value respectively.