STOCK MARKET REPORT FOR 9TH OF JULY, 2021
A total turnover of 1.348 billion shares worth N12.140 Billion in 21,581 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.021 billion shares valued at N14.145 Billion that exchanged hands last week in 17,565 deals.
The Financial Services Industry (measured by volume) led the activity chart with 892.212 million shares valued at N7.065 Billion traded in 11,592 deals; thus contributing 66.20% and 58.20% to the total equity turnover volume and value respectively. The ICT Industry followed with 110.067 million shares worth N776.402 Million in 744 deals. The third place was Conglomerates Industry, with a turnover of 100.008 million shares worth N216.504 Million in 788 deals.
Trading in the top three equities namely Fidelity Bank Plc, FBN Holdings Plc and Zenith Bank Plc (measured by volume) accounted for 310.779 million shares worth N3.166 Billion in 3,289 deals, contributing 23.06% and 26.08% to the total equity turnover volume and value respectively.