STOCK MARKET REPORT FOR AUGUST 21st 2020
A total turnover of 950.414 million shares worth N10.123 billion in 16,647 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.327 billion shares valued at N13.934 billion that exchanged hands last week in 19,392 deals. The Financial Services industry (measured by volume) led the activity chart with 624.278 million shares valued at N6.181 billion traded in 8,313 deals; thus contributing 65.68% and 61.06% to the total equity turnover volume and value respectively. The Consumer Goods industry followed with 96.320 million shares worth N2.199 billion in 3,148 deals. The third place was the Conglomerates industry, with a turnover of 89.376 million shares worth N145.612 million in 757 deals. Trading in the top three equities namely Zenith Bank Plc, Guaranty Trust Bank Plc and Transnational Corporation of Nigeria Plc. (measured by volume) accounted for 298.901 million shares worth N4.761 billion in 3,056 deals, contributing 31.45% and 47.03% to the total equity turnover volume and value respectively.