17, 2019 06:58 PM / Proshare Research
At the closing of trading today, a total volume of 2.69bn units of shares of Wema Bank Plc valued at N1.71bn was traded.
This represents 94.10% of the total market volumes of 2.84bn an
d while the value of WEMABANK shares traded represents 43.67% of the total market value traded which was put at N3.92bn.
Furthermore, the volume traded represents 7% of WEMABANK’s total shares outstanding put at 38.57bn shares while the value of the shares traded represents 6.94% of WEMABANK market capitalisation as at June 17, 2019.
A comparison of WEMABANK today’s volume traded with the previous day’s trading volume revealed that it increased by 203,937.44%
The share price of WEMABANK moved up by a tick size of 3.23% to close at N0.64k at the close of trading today from the previous price of N0.62k
It is pertinent to state that a similar pattern of market trading occurred on Thursday March 28, 2019 with an update/alert issued by Proshare Research
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Graph – One Year Share Price Movement
Table – Q1 2019 Results