STOCK MARKET REPORT FOR 21ST OF MAY, 2021
A total turnover of 1.048 billion shares worth N11.543 Billion in 17,233 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 840.334 million shares valued at N9.561 Billion that exchanged hands last week in 13,239 deals.
The Financial Services Industry (measured by volume) led the activity chart with 674.741 million shares valued at N5.589 Billion traded in 9,405 deals; thus contributing 64.41% and 48.42% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 94.524 million shares worth N630.366 Million in 828 deals. The third place was ICT Industry, with a turnover of 87.137 million shares worth N630.903 Million in 539 deals.
Trading in the top three equities namely Zenith Bank Plc, FBN Holdings Plc and Fidelity Bank Plc (measured by volume) accounted for 248.273 million shares worth N3.288 Billion in 2,988 deals, contributing 23.70% and 28.49% to the total equity turnover volume and value respectively.