STOCK MARKET REPORT FOR 28TH OF JUNE, 2019
A total turnover of 1.771 billion shares worth N28.036 Billion in 18,660 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 7.476 Billion shares valued at N91.107 Billion that exchanged hands last week in 17,192 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.336 billion shares valued at N17.894 Billion traded in 8,783 deals; thus contributing 75.44% and 63.82% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 115.835 million shares worth N5.282 Billion in 2,969 deals. The third place was Industrial Goods Industry with a turnover of 90.705 million shares worth N1.707 Billion in 1,991 deals.
Trading in the Top Three Equities namely, Zenith Bank Plc, Guaranty Trust Bank Plc and Wema Bank Plc (measured by volume) accounted for 840.903 million shares worth N15.266 Billion in 2,938 deals, contributing 47.49% and 54.45% to the total equity turnover volume and value respectively.