STOCK MARKET REPORT FOR 26TH OF JUNE, 2020
A total turnover of 739.375 million shares worth N8.563 Billion in 17,248 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.050 billion shares valued at N10.125 Billion that exchanged hands last week in 19,576 deals.
The Financial Services Industry (measured by volume) led the activity chart with 457.851 million shares valued at N3.773 billion traded in 8,062 deals; thus contributing 61.92% and 44.06% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 66.668 million shares worth N2.015 Billion in 3,486 deals. The third place was the Oil and Gas Industry with a turnover of 63.255 million shares worth N380.146 Million in 963 deals.
Trading in the Top Three Equities namely, FBN Holdings Plc, Guaranty Trust Bank Plc, and Zenith Bank Plc (measured by volume) accounted for 211.351 million shares worth N3.042 Billion in 3,623 deals, contributing 28.59% and 35.52% to the total equity turnover volume and value respectively.