Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nigerian Stock Exchange Stock Market Report For Week Ending September 23rd, 2015

Date 23/09/2015

Equities

It was a three-day trading week as the Federal Government of Nigeria declared Thursday 24th and Friday 25th of September, 2015 as Public Holiday in commemoration of the Eid-el-Kabir Sallah Celebration.

Meanwhile, a turnover of 850.095 million shares worth N9.060 billion in 9,414 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 1.384 billion shares valued at N13.862 billion that exchanged hands last week in 17,984 deals.

The Financial Services Industry (measured by volume) led the activity chart with 726.294 million shares valued at N6.058 billion traded in 5,086 deals; thus contributing 85.44% and 66.87% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with a turnover of 38.681 million shares worth N1.790 billion in 1,895 deals. The third place was occupied by the Conglomerates Industry with 37.874 million shares worth N224.698 billion in 538 deals.

Trading in the Top Three Equities namely –Zenith International Bank Plc,United Bank for Africa Plc and Sterling Bank Plc(measured by volume) accounted for 334.012 million shares worth N3.674 billion in 1,472 deals, contributing 39.29% and 40.56% to the total equity turnover volume and value respectively.

Click here for full details.