STOCK MARKET REPORT FOR JANUARY 12TH, 2017
A total turnover of 5.021 billion shares worth N68.974 Billion in 41,542 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.417 billion shares valued at N18.813 Billion that exchanged hands last week in 20,874 deals.
The Financial Services Industry (measured by volume) led the activity chart with 3.417 billion shares valued at N31.649 Billion traded in 24,375 deals; thus contributing 68.06% and 45.89% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 894.357 million shares worth N2.180 Billion in 3,032 deals. The third place was occupied by Consumer Goods Industry with a turnover of 380.493 million shares worth N26.243 Billion in 7,408 deals.
Trading in the Top Three Equities namely – Transnational Corporation of Nigeria Plc, Diamond Bank Plc and FBN Holdings Plc and (measured by volume) accounted for 1.975 billion shares worth N7.473 Billion in 8,549 deals, contributing 39.33% and 10.83% to the total equity turnover volume and value respectively.