Culled—Proshare
December 29, 2017/Proshare Research
Trading activities in the Nigerian equities market closed the year 2017 with +42.30% gain as against -6.17% and -17.36% losses recorded in 2016 and 2015 respectively.
Analysis on market turnover revealed that total volume traded increased by +25.49% in 2017 as against -17.35% drop recorded in 2016. Also, total value traded increased by +112.80% in 2017 as against -40.18% drop in 2016.
Market records 65 gainers and 42 losers in 2017 as against 32 gainers to 79 losers in 2016.
Market Snapshot
Financial services sector tops other sectors with 70.57% contribution to the total volume traded on the Exchange in 2017 as against 80.02% contribution recorded in 2016. Conglomerates and Consumer Goods sectors follow closely on the table.
Financial services traded 67.24 bln volumes in 2017 to lead the pack, Conglomerates and Consumer Goods sectors came second and third with 16.28bln and 4.60 bln volumes traded respectively while Natural resources sector traded the least volume with 41.26 mln volume traded.
2017 Volume and Value by Sectors
Analysis on equity transaction by volume reveals that TRANSCORP tops by volume as the stock traded 15.82 bln volume of share in 2017; UBA follows with 7.71 bln volumes while ZENITHBANK came third on the top list with 6.82 bln volumes.
Top 4 Equity Transactions 2017
