STOCK MARKET REPORT FOR MARCH 23RD, 2018
A total turnover of 2.328 billion shares worth N28.927 Billion in 25,530 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.444 billion shares valued at N36.665 Billion that exchanged hands last week in 26,712 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.784 billion shares valued at N20.385 Billion traded in 16,823 deals; thus contributing 76.60% and 70.47% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 171.111 million shares worth N5.404 Billion in 4,055 deals. The third place was occupied by the Oil and Gas Industry with a turnover of 124.065 million shares worth N296.727 Million in 1,607 deals.
Trading in the Top Three Equities namely –Zenith International Bank Plc, Access Bank Plc and Fidelity Bank Plc (measured by volume) accounted for 664.391 million shares worth N10.659 Billion in 6,429 deals, contributing 28.54% and 36.85% to the total equity turnover volume and value respectively.