In Investor News

STOCK MARKET REPORT FOR 23RD OF JULY, 2021

It was a brief trading week as the Federal Government of Nigeria declared Tuesday 20th and Wednesday 21st July 2021 as Public Holidays to commemorate the Eid el-Kabir celebration.

Meanwhile, a total turnover of 896.174 million shares worth N5.235 Billion in 11,714 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.008 billion shares valued at N10.923 Billion that exchanged hands last week in 17,297 deals.

The Financial Services Industry (measured by volume) led the activity chart with 718.570 million shares valued at N3.009 Billion traded in 6,223 deals; thus contributing 80.18% and 57.48% to the total equity turnover volume and value respectively. The Consumer Goods followed with 46.437 million shares worth N948.489 Million in 1,856 deals. The third place was Conglomerates Industry, with a turnover of 39.798 million shares worth N207.132 Million in 366 deals.

Trading in the top three equities namely Jaiz Bank Plc, Sterling Bank Plc and Fidelity Bank Plc (measured by volume) accounted for 369.879 million shares worth N385.516 Million in 785 deals, contributing 41.27% and 7.36% to the total equity turnover volume and value respectively.

https://doclib.ngxgroup.com/market_data-site/other-market-information-site/Week%20Market%20Report/Weekly%20Market%20Report%20for%20the%20Week%20Ended%2023-07-2021.pdf

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