STOCK MARKET REPORT FOR 14TH FEBRUARY, 2020
A total turnover of 912.175 million shares worth N12.126 billion in 17,083 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.478 billion shares valued at N20.295 billion that exchanged hands last week in 23,263 deals.
The Financial Services industry (measured by volume) led the activity chart with 624.219 million shares valued at N7.129 billion traded in 9,640 deals; thus contributing 68.43% and 58.79% to the total equity turnover volume and value respectively. The Conglomerates followed with 93.204 million shares worth N452.093 million in 861 deals.
The third place was Oil and Gas industry, with a turnover of 59.267 million shares worth N124.638 million in 1,254 deals. Trading in the Top Three Equities namely, Zenith Bank Plc, Guaranty Trust Bank Plc and United Bank for Africa Plc. (measured by volume) accounted for 304.089 million shares worth N5.788 billion in 4,290 deals, contributing 33.34% and 47.73% to the total equity turnover volume and value respectively.