WEEKLY STOCK MARKET REPORT FOR NOVEMBER 25TH, 2016
A turnover of 639.439 million shares worth N6.455 billion in 11,799 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 823.547 million shares valued at N5.444 billion that exchanged hands last week in11,634 deals.
The Financial Services Industry (measured by volume) led the activity chart with 491.758 million shares valued at N 2.211 billion traded in 6,241 deals; thus contributing 76.90% and 34.25% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 64.507 million shares worth #58.500 million in 681 deals. The third place was occupied by the Consumer Goods Industry with a turnover of 54.901 million shares worth #3.307 billion in 2,386 deals.
Trading in the top three equities namely- Access Bank PLC, Diamond Bank Plc and transnational Corporation of Nigeria Plc (measured by volume) accounted for 210.407 million shares worth #527.918 million in 1,316 deals, contributing 32.91% and 8.18% to the total equity turnover volume and value respectively