STOCK MARKET REPORT FOR 18TH OCTOBER, 2013

 It was a brief trading week as the Federal Government of Nigeria declared Tuesday, October 15 and Wednesday October 16, 2013 as public holidays to commemorate the Eid-el-Kabir celebrations.A turnover of 895.210 million shares worth N11.659 billion in 14,989 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 1.482 billion shares valued at N15.164 billion that exchanged hands last week in 21,606 deals. The Financial Services Industry
(measured by volume) led the activity chart with 702.814 million shares valued at N7.559 billion traded in 9,280 deals; thus contributing 78.51% and 64.83% to the total equity turnover volume and value respectively.
 The Conglomerates Industry followed with a turnover of 82.502 million shares worth N307.986 million in 741 deals, while the Consumer Goods Industry came third with 48.371 million shares worth N2.289 billion in 2,382 deals.
 Trading in the top three equities namely Zenith Bank Plc, Transnational Corporation of Nigeria Plc and Unity Bank Plc (measured by volume) accounted for 312.180 million shares worth N3.649 billion in 1,705 deals, contributing 34.87% and 31.30% to the total equity turnover volume and value respectively