STOCK MARKET REPORT FOR APRIL 24TH 2020
A total turnover of 1.195 billion shares worth N13.979 billion in 20,591 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.495 billion shares valued at N12.894 billion that exchanged hands last week in 20,982 deals.
The Financial Services industry (measured by volume) led the activity chart with 965.571 million shares valued at N7.811 billion traded in 11,710 deals; thus contributing 80.79% and 55.88% to the total equity turnover volume and value respectively. The Industrial Goods industry followed with 54.803 million shares worth N1.509 billion in 2,043 deals. The third place was the Conglomerates industry, with a turnover of 54.114 million shares worth N111.406 million in 460 deals.
Trading in the Top Three Equities namely, FBN Holdings Plc, Guaranty Trust Bank Plc and Zenith Bank Plc. (measured by volume) accounted for 581.950 million shares worth N6.363 billion in 7,185 deals, contributing 48.69% and 45.52% to the total equity turnover volume and value respectively.