STOCK MARKET REPORT FOR 8TH OF MARCH, 2019
A total turnover of 1.113 billion shares worth N13.465 billion in 15,036 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.290 billion shares valued at N13.873 billion that exchanged hands last week in 17,307 deals.
The Financial Services Industry (measured by volume) led the activity chart with 926.286 million
shares valued at N9.696 billion traded in 9,906 deals; thus contributing 83.25% and 72.01% to the total equity turnover volume and value respectively. The ICT Industry followed with 73.076 million shares worth N14.664 million in 35 deals. The third place was Consumer Goods Industry with a turnover of 36.749 million shares worth N2.562 billion in 2,301 deals.
Trading in the Top Three Equities namely, FBN Holdings Plc, Zenith Bank Plc and Diamond Bank
Plc (measured by volume) accounted for 551.865 million shares worth N6.602 billion in 3,116 deals, contributing 49.60% and 49.03% to the total equity turnover volume and value respectively.