STOCK MARKET REPORT FOR 6TH AUGUST 2019
A total turnover of 1.101 billion shares worth N17.082 billion in 15,431 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 713.141 million shares valued at N13.295 billion that exchanged hands last week in 16,237 deals.
The Financial Services industry (measured by volume) led the activity chart with 752.440 million shares valued at N9.900 billion traded in 8,519 deals; thus contributing 68.34% and 57.96% to the total equity turnover volume and value respectively. The Conglomerates industry followed with 93.204 million shares worth N239.250 million in 883 deals. The third place was Construction/Real Estate Industry with a turnover of 65.808 million shares worth N66.730 million in 100 deals.
Trading in the Top Three Equities namely, Guaranty Trust Bank Plc, Access Bank Plc and Zenith Bank Plc (measured by volume) accounted for 530.372 million shares worth N9.096 billion in 3,604 deals, contributing 48.17% and 53.25% to the total equity turnover volume and value respectively.