STOCK MARKET REPORT FOR 8TH OF JUNE, 2018

A total turnover of 1.749 billion shares worth N31.183 Billion in 24,604 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.699 billion shares valued at N84.775 Billion that exchanged hands last week in 19,715 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.423 billion shares valued at N19.717 Billion traded in 13,950 deals; thus contributing 81.37% and 63.23% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 153.105 million shares worth N6.805 Billion in 4,512 deals. The third place was occupied by Conglomerates Industry with a turnover of 60.473 million shares worth N186.600 billion in 905 deals.
Trading in the Top Three Equities namely – Guaranty Trust Bank Plc, Access Bank Plc and Zenith International Bank Plc (measured by volume) accounted for 588.605 million shares worth N16.568 Billion in 4,120 deals, contributing 33.65% and 53.14% to the total equity turnover volume and value respectively.

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