STOCK MARKET REPORT FOR NOVEMBER 3RD, 2017
A total turnover of 1.363 billion shares worth N17.714 billion in 21,891 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.394 billion shares valued at N16.403 billion that exchanged hands last week in 19,195 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.046 billion shares valued at N9.032 billion traded in 12,847 deals; thus contributing 76.79% and 50.99% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 119.907 million shares worth N5.109 billion in 4,827 deals. The third place was occupied by Healthcare Industry with a turnover of 70.587 million shares worth N77.530 million in 349 deals.
Trading in the Top Three Equities namely – FBN Holdings Plc, Diamond Bank Plc and United Bank for Africa Plc (measured by volume) accounted for 497.016 million shares worth N2.947 billion in 4,205 deals, contributing 36.48% and 16.64% to the total equity turnover volume and value respectively.