STOCK MARKET REPORT FOR 21ST FEBRUARY, 2020
A total turnover of 1.499 billion shares worth N17.907 Billion in 18,515 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 912.175 million shares valued at N12.126 Billion that exchanged hands last week in 17,083 deals.
The Financial Services industry (measured by volume) led the activity chart with 1.226 billion shares valued at N12.974 Billion traded in 11,741 deals; thus contributing 81.79% and 72.45% to the total equity turnover volume and value respectively. The Consumer Goods followed with 83.882 million shares worth N3.090 Billion in 1,937 deals. The third place was Conglomerates industry, with a turnover of 49.719 million shares worth N104.199 Million in 517 deals.
Trading in the Top Three Equities namely, Zenith Bank Plc, Sovereign Trust Insurance Plc and Guaranty Trust Bank Plc (measured by volume) accounted for 636.624 million shares worth N10.123 Billion in 4,539 deals, contributing 42.47% and 56.53% to the total equity turnover volume and value respectively.