STOCK MARKET REPORT FOR APRIL 28th, 2017
A total turnover of 1.333 billion shares worth N9.671 billion in 16,300 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 896.748 million shares valued at N5.918 billion that exchanged hands last week in 11,185 deals.
The Financial Services Industry (measured by volume) led the activity chart with 960.307 million shares valued at N6.098 billion traded in 9,675 deals; thus contributing 72.03% and 63.06% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 154.404 million shares worth N330.132 billion in 896 deals. The third place was occupied by Oil and Gas Industry with a turnover of 60.285 million shares worth N896.174 million in 1,379 deals.
Trading in the Top Three Equities namely – Access Bank Plc, Transnational Corporation of Nigeria Plc and Fidelity Bank PLC (measured by volume) accounted for 489.178 million shares worth N1.731 billion in 1,665 deals, contributing 36.69% and 17.90% to the total equity turnover volume and value respectively.