STOCK MARKET REPORT FOR 28TH OF MAY, 2021
A total turnover of 1.037 billion shares worth N9.471 Billion in 17,577 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.048 billion shares valued at N11.543 Billion that exchanged hands last week in 17,233 deals.
The Financial Services Industry (measured by volume) led the activity chart with 687.623 million shares valued at N5.659 Billion traded in 9,506 deals; thus contributing 66.29% and 59.75% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 106.138 million shares worth N545.020 Million in 1,146 deals. The third place was ICT Industry, with a turnover of 84.310 million shares worth N350.698 Million in 604 deals.
Trading in the top three equities namely Zenith Bank Plc, Guaranty Trust Bank Plc and Fidelity Bank Plc (measured by volume) accounted for 229.453 million shares worth N4.281 Billion in 3,634 deals, contributing 22.12% and 45.20% to the total equity turnover volume and value respectively.