STOCK MARKET REPORT FOR NOVEMBER 24, 2017
A total turnover of 2.182 billion shares worth N22.795 billion in 17,019 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.804 billion shares valued at N54.776 billion that exchanged hands last week in 17,792 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.755 billion shares valued at N11.571 billion traded in 8,730 deals; thus contributing 80.44% and 50.76% to the total equity turnover volume and value respectively. The customer goods industry followed with 178.154 million shares worth N8.655 billion in 4,457 deals. The third place was occupied by Conglomerates Industry with a turnover of 143.821 million shares worth N92, 479 million in 470 deals.
Trading in the Top Three Equities namely –Wapic Insurance Plc, Zenith International Bank Plc, United Bank for Africa Plc (measured by volume) accounted for 973.088 Billion shares worth N5.854 billion in 2,493 deals, contributing 44.59% and 25.68% to the total equity turnover volume and value respectively.