STOCK MARKET REPORT FOR 4TH OF JUNE, 2021
A total turnover of 1.082 billion shares worth N9.548 Billion in 17,933 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.037 billion shares valued at N9.471 Billion that exchanged hands last week in 17,577 deals.
The Financial Services Industry (measured by volume) led the activity chart with 767.001 million shares valued at N4.356 Billion traded in 9,447 deals; thus contributing 70.86% and 45.63% to the total equity turnover volume and value respectively. The Oil and Gas Industry followed with 83.528 million shares worth N1.454 Billion in 1,118 deals. The third place was Conglomerates Industry, with a turnover of 72.813 million shares worth N356.723 Million in 781 deals.
Trading in the top three equities namely Sovereign Trust Insurance Plc, Zenith Bank Plc and Veritas Kapital Assurance Plc (measured by volume) accounted for 235.953 million shares worth N1.820 Billion in 1,654 deals, contributing 21.8% and 19.07% to the total equity turnover volume and value respectively.