STOCK MARKET REPORT FOR DECEMBER 30TH, 2016
It was a brief trading week as the Federal Government of Nigeria declared Monday 26th and Tuesday 27th of December, 2016 as Public Holiday to mark the Christmas & Boxing Day celebrations.
Meanwhile, a total turnover of 405.939 million shares worth #3.724 billion in 6,363 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.261 billion shares valued at #17.520 billion that exchanged hands last week in 14,861 deals.
The Financial Services Industry (measured by volume) led the activity chart with 305.885 million shares valued at #2.066 billion traded in 3,445 deals; thus contributing 75.35% and 55.46% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 30.974 million shares worth #793.114 million in 1,096 deals. The third place was occupied by Conglomerates Industry with a turnover of 19,701 million shares worth #24.689 million in 261 deals.
Trading in the Top Three Equities namely – Omoluabi Savings and Loans PLC, Guaranty Trust Bank Plc and FCMB Group Plc (measured by volume) accounted for 128.546 million shares worth #1.222 billion in 715 deals, contributing 31.66% and 32.82% to the total equity turnover volume and value respectively.
This was culled from Nigeria Stock Exchange website, for further inquiries contact: Market Operations Department, Nigeria Stock Exchange. http://www.nse.com.ng/market_data-site/other-market-information-site/WeekMarket Report/Weekly Market Report