STOCK MARKET REPORT FOR JANUARY 26TH, 2018
A total turnover of 7.157 billion shares worth N42.545 Billion in 39,037 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 5.011 billion shares valued at N45.816 Billion that exchanged hands last week in 44,569 deals.
The Conglomerates Industry (measured by volume) led the activity chart with 4.110 billion shares valued at N10.016 Billion traded in 2,454 deals; thus contributing 57.43% and 23.54% to the total equity turnover volume and value respectively. The Financial Services Industry followed with 2.757 billion shares worth N25.398 Billion in 25,853 deals. The third place was occupied by Consumer Goods Industry with a turnover of 156.224 million shares worth N5.304 Billion in 5,875 deals.
Trading in the Top Three Equities namely – Transnational Corporation of Nigeria Plc, FCMB Group Plc and Skye Bank Plc (measured by volume) accounted for 4.786 billion shares worth N11.341 Billion in 5,216 deals, contributing 66.86% and 26.66% to the total equity turnover volume and value respectively.