STOCK MARKET REPORT FOR APRIL 7TH, 2017
A total turnover of 786.176 million shares worth N5.828 billion in 14,343 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.195 billion shares valued at N104.217 billion that exchanged hands last week in 14,674 deals.
The Financial Services Industry (measured by volume) led the activity chart with 557.911 million shares valued at N2.669 billion traded in 7,340 deals; thus contributing 70.97% and 45.79% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 70.255 million shares worth N1.556 billion in 2,698 deals. The third place was occupied by Services Industry with a turnover of 50.558 million shares worth N70.773 million in 754 deals.
Trading in the Top Three Equities namely – Fidelity Bank Plc, FBN Holdings Plc and Zenith International Bank Plc (measured by volume) accounted for 292.363 million shares worth N1.128 billion in 2,485 deals, contributing 37.18% and 19.35% to the total equity turnover volume and value respectively.