STOCK MARKET REPORT FOR MARCH 9TH, 2018
A total turnover of 3.079 billion shares worth N39.990 Billion in 23,086 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.170 billion shares valued at N39.087 Billion that exchanged hands last week in 24,657 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.288 billion shares valued at N29.585 Billion traded in 13,188 deals; thus contributing 74.30% and 73.98% to the total equity turnover volume and value respectively. The Oil and Gas Industry followed with 386.811 million shares worth N1.273 Billion in 1,573 deals. The third place was occupied by Consumer Goods Industry with a turnover of 205.245 million shares worth N5.803 Million in 4,959 deals.
Trading in the Top Three Equities namely – Access Bank Plc, Capital Oil and Zenith International Bank Plc (measured by volume) accounted for 1.677 billion shares worth N20.413 Billion in 2,476 deals, contributing 54.48% and 51.05% to the total equity turnover volume and value respectively.