STOCK MARKET REPORT FOR 5TH OF JUNE, 2020
A total turnover of 1.469 billion shares worth N23.553 Billion in 22,911 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.255 billion shares valued at N13.501 Billion that exchanged hands last week in 20,554 deals.
The Financial Services Industry (measured by volume) led the activity chart with 861.775 million shares valued at N8.545 billion traded in 11,647 deals; thus contributing 58.66% and 36.28% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 184.644 million shares worth N5.880 Billion in 3,953 deals. The third place was the Services Industry with a turnover of 119.238 million shares worth N270.084 Million in 1,043 deals.
Trading in the Top Three Equities namely, FBN Holdings Plc, Guaranty Trust Bank Plc and Zenith Bank Plc (measured by volume) accounted for 456.576 million shares worth N6.940 Billion in 5,921 deals, contributing 31.08% and 29.47% to the total equity turnover volume and value respectively.