STOCK MARKET REPORT FOR JUNE 16TH, 2017
A total turnover of 2.737 billion shares worth N32.042 billion in 32,217 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.100 billion shares valued at N29.180 billion that exchanged hands last week in 33,677 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.189 billion shares valued at N21.792 billion traded in 18,832 deals; thus contributing 79.98% and 68.01% to the total equity turnover volume and value respectively. The Conglomerate Industry followed with 287.945 million shares worth N621.772 million in 2,031 deals. The third place was occupied by Consumer Goods Industry with a turnover of 114.832 million shares worth N5, 370 billion in 5,040 deals.
Trading in the Top Three Equities namely –Access Bank Plc, Zenith International Bank Plc and Transnational Corporation of Nigeria Plc (measured by volume) accounted for 918.046 million shares worth N10.324 billion in 5,809 deals, contributing 33.53% and 32.22% to the total equity turnover volume value respectively.