STOCK MARKET REPORT FOR 27TH OF NOVEMBER, 2020
A total turnover of 1.816 billion shares worth N25.791 Billion in 31,665 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 11.400 billion shares valued at N35.892 Billion that exchanged hands last week in 39,265 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.274 billion shares valued at N14.710 Billion traded in 18,392 deals; thus contributing 70.15% and 57.04% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 217.170 million shares worth N231.809 Million in 1,226 deals. The third place was the Consumer Goods Industry with a turnover of 113.760 million shares worth N2.598 Billion in 4,568 deals.
Trading in the Top Three Equities namely, Zenith Bank Plc, Transnational Corporation of Nigeria Plc, and Access Bank Plc (measured by volume) accounted for 649.529 million shares worth N8.104 Billion in 6,395 deals, contributing 35.76% and 31.42% to the total equity turnover volume and value respectively.