Stock Market

STOCK MARKET REPORT FOR MARCH 1ST 2019

 

A total turnover of 1.752 billion shares worth N19.681 billion in 22,319 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.481 billion shares valued at N17.647 billion that exchanged hands last week in 20,449 deals.

 The Financial Services Industry (measured by volume) led the activity chart with 1.377 billion shares valued at N11.311 billion traded in 14,180 deals; thus contributing 78.63% and 57.47% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 115.142 million shares worth N168.128 million in 1,126 deals. The third place was Consumer Goods Industry with a turnover of 113.079 million shares worth N6.051 billion in 2,993 deals.

Trading in the Top Three Equities namely, Diamond Bank Plc, Access Bank Plc and Zenith Bank Plc (measured by volume) accounted for 594.377 million shares worth N4.757 billion in 4,315 deals, contributing 33.93% and 24.17% to the total equity turnover volume and value respectively.

Equity Turnover – Last 5 days

Date      Deals     Turnover Volume            Turnover Value (N)         Traded Stocks    Advanced Stocks              Declined Stocks                 Unchanged Stocks

25-Feb-19            2,999     219,808,655        5,549,958,007.14               101         25           8              68

26-Feb-19            4,069     322,193,832        2,434,258,609.20               128         21           20           87

27-Feb-19            5,416     456,070,513        2,679,269,893.37               96           10           30           56

28-Feb-19            5,320     411,694,543        5,266,249,859.75               104         9              30           65

01-Mar-19           4,515     341,955,429        3,751,640,881.40               110         19           19           72

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