STOCK MARKET REPORT FOR JUNE 23RD, 2017
A total turnover of 2.311 billion shares worth N24.577 billion in 27,836 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.737 billion shares valued at N32.042 billion that exchanged hands last week in 32,217 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.783 billion shares valued at N15.865 billion traded in 15,948 deals; thus contributing 77.17% and 64.55% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 239.226 million shares worth N571.910 million in 1,251 deals. The third place was occupied by Consumer Goods Industry with a turnover of 85.663 million shares worth N4.522 billion in 3,673 deals.
Trading in the Top Three Equities namely – Zenith International Bank Plc, Transnational Corporation of Nigeria Plc and FBN Holdings Plc (measured by volume) accounted for 665.483 million shares worth N6.695 billion in 5,649 deals, contributing 28.80% and 27.24% to the total equity turnover volume and value respectively.