STOCK MARKET REPORT FOR APRIL 20TH, 2018
A total turnover of 3.008 billion shares worth N30.296 Billion in 24,036 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.415 billion shares valued at N19.644 Billion that exchanged hands last week in 20,659 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.539 billion shares valued at N23.510 Billion traded in 13,179 deals; thus contributing 84.43% and 77.60% to the total equity turnover volume and value respectively. The Oil & Gas Industry followed with 273.443 million shares worth N2.358 Billion in 3,735 deals. The third place was occupied by the Consumer Goods Industry with a turnover of 60.840 million shares worth N2.654 billion in 3,141 deals.
Trading in the Top Three Equities namely – FCMB Group Plc, United Bank for Africa Plc and Oando Plc (measured by volume) accounted for 1.816 billion shares worth N9.599 Billion in 3,851 deals, contributing 60.37% and 31.69% to the total equity turnover volume and value respectively.