STOCK MARKET REPORT FOR JANUARY 19TH, 2018

A total turnover of 5.011 billion shares worth N45.816 Billion in 44,569 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 5.021 billion shares valued at N68.974 Billion that exchanged hands last week in 41,542 deals.

The Financial Services Industry (measured by volume) led the activity chart with 3.672 billion shares valued at N29.946 Billion traded in 28,608 deals; thus contributing 73.29% and 65.36% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 864.180 million shares worth N2.440 Billion in 2,561 deals. The third place was occupied by Consumer Goods Industry with a turnover of 210.994 million shares worth N7.731 Billion in 7,336 deals.

Trading in the Top Three Equities namely – Transnational Corporation of Nigeria Plc, Diamond Bank Plc and FCMB Group Plc and (measured by volume) accounted for 1.751 billion shares worth N5.023 Billion in 6,131 deals, contributing 34.93% and 10.96% to the total equity turnover volume and value respectively.

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