STOCK MARKET REPORT FOR 19TH OF JUNE, 2020
A total turnover of 1.050 billion shares worth N10.125 Billion in 19,576 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.103 billion shares valued at N9.876 Billion that exchanged hands last week in 16,616 deals.
The Financial Services Industry (measured by volume) led the activity chart with 736.274 million shares valued at N5.472 billion traded in 9,776 deals; thus contributing 70.13% and 54.04% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 69.496 million shares worth N334.4780 Million in 471 deals. The third place was the Consumer Goods Industry with a turnover of 66.380 million shares worth N1.351 Billion in 3,130 deals.
Trading in the Top Three Equities namely, Guaranty Trust Bank Plc, FBN Holdings Plc and FCMB Group Plc (measured by volume) accounted for 316.321 million shares worth N3.350 Billion in 2,983 deals, contributing 30.13% and 33.08% to the total equity turnover volume and value respectively.