STOCK MARKET REPORT FOR SEPTEMBER 29TH, 2017
A total turnover of 1.326 billion shares worth N14.086 billion in 14,703 deals were traded this week by Investors on the floor of the Exchange in contrast to a total of 1.096 billion shares valued at N17.859 billion that exchanged hands last week in 16,070 deals.
The Financial Services Industry (measured by volume) led the activity chart with1.060 billion shares valued at N7.339 billion traded in 8,202 deals; thus contributing 79.95% and 52.10% to the total equity turnover volume and value respectively. The Industrial Goods Industry followed with 91.351 million shares worth N2.784 billion in 933 deals. The third place was occupied by Consumer Goods Industry with a turnover of 70.187 million shares worth N3.395 billion in 2,719 deals.
Trading in the Top Three Equities Namely – Continental Reinsurance Plc, Sterling Bank Plc and Access Bank Plc (measured by volume) accounted for 412.840 million shares worth N1.486 billion in 817 deals, contributing 31.14% and 10.55% to the total equity turnover volume and value respectively.