STOCK MARKET REPORT FOR APRIL 27TH, 2018
A total turnover of 1.825 billion shares worth N24.653 Billion in 23,148 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.008 billion shares valued at N30.296 Billion that exchanged hands last week in 24,036 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.360 billion shares valued at N14.642 Billion traded in 12,118 deals; thus contributing 74.51% and 59.40% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 124.816 million shares worth N6.910 Billion in 3,709 deals. The third place was occupied by Oil and Gas Industry with a turnover of 112.479 million shares worth N1.389 billion in 3,429 deals.
Trading in the Top Three Equities namely – Law, Union and Rock Insurance Plc, FBN Holdings Plc and Zenith International Bank Plc (measured by volume) accounted for 581.018 million shares worth N7.098 Billion in 4,283 deals, contributing 31.83% and 28.79% to the total equity turnover volume and value respectively.