STOCK MARKET REPORT FOR MAY 12TH, 2017
A total turnover of 3.225 million shares worth N28.738 billion in 25,370 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.154 billion shares valued at N10.439 billion that exchanged hands last week in 16,676 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.716 million shares valued at N17.230 billion traded in 15,103 deals; thus contributing 83.42% and 59.96% to the total equity turnover volume and value respectively. The customer goods industry followed with 185.750 Million shares worth N6.596 billion in 3,817 deals. The third place was occupied by Conglomerates Industry with a turnover of 156.010 million shares worth N385.427 million in 1,340 deals.
Trading in the Top Three Equities namely –FBN Holdings Plc, FCMB Group Plc and Zenith International Bank Plc (measured by volume) accounted for 1.419 Billion shares worth N8.185 billion in 5,117 deals, contributing 43.59% and 28.48% to the total equity turnover volume and value respectively