It was a brief trading week, the stock market opened for three days as Wednesday and Thursday were declared Public Holidays to celebrate the Christmas and Boxing Day.
A turnover of 1.278 billion shares worth N6.897 billion in 10,761 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 2.726 billion shares valued at N18.777 billion that exchanged hands last week in 22,228 deals.
The Financial Services Industry (measured by volume) led the activity chart with 749.658 million shares valued at N3.216 billion traded in 5,541 deals; thus contributing 58.68% and 46.62% to the total equity turnover volume and value respectively. The ICT Industry followed with a turnover of 270.481 million shares worth N137.141 million in 99 deals. The third place was occupied by the Conglomerates Industry with 124.842 million shares worth N626.895 million in 1,041 deals.
Trading in the top three equities namely, Mass Telecommunication Innovations Nigeria Plc, Unity Bank Plc and Transnational Corporation of Nigeria Plc (measured by volume) accounted for 601.665 million shares worth N775.880 million in 1,341 deals, contributing 47.09% and 11.25% to the total equity turnover volume and value respectively.
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