The Nigerian stock market opened for four trading days this week as the Federal Government of Nigeria declared Thursday 1st October 2020 a Public Holiday.
The All-Share Index appreciated by 2.53% while Market Capitalization appreciated by 2.55% to close the week at 26,985.77 and N14.105 trillion respectively. Investors gained a whopping N350.12bn.
A total turnover of 1.532 billion shares worth N16.901 billion in 17,882 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.567 billion shares valued atN20.559 billion that exchanged hands last week in 18,396 deals.
The Financial Services industry (measured by volume) led the activity chart with 1.292 billion shares valued at N10.562 billion traded in 10,046 deals; thus contributing 84.29% and 62.49% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 62.395 million shares worth N89.205 million in 453 deals. The third place was the Industrial Goods industry, with a turnover of 55.168 million shares worth N2.976 billion in 1,752 deals.
Trading in the top three equities namely Zenith Bank Plc, Sterling Bank Plc and United Bank for Africa Plc. (measured by volume) accounted for 815.646 million shares worth N7.311 billion in 4,461 deals, contributing 53.22% and 43.26% to the total equity turnover volume and value respectively.
Thirty-six (36) equities appreciated in price during the week, higher than thirty-five (35) equities in the previous week.
Fifteen (15) equities depreciated in price, lower than twenty-eight (28) equities in the previous week, while one hundred and twelve (112) equities remained unchanged, higher than one hundred (100) equities recorded in the previous week. Top gainers
TOTAL NIGERIA PLC. up 21.00% to close N96.80
OANDO PLC up 12.81% to close N2.29
STERLING BANK PLC. up 10.34% to close N1.28 CHAMPION BREW. PLC. up 9.88% to close N0.89 IKEJA HOTEL PLC up 9.78% to close N1.01 AIICO INSURANCE PLC. up 9.72% to close N0.79 ETERNA PLC. up 9.60% to close N2.74 CONSOLIDATED HALLMARK INSURANCE PLC up 8.82% to close N0.37 INTERNATIONAL BREWERIES PLC. up 8.33% to close N3.90 GUARANTY TRUST BANK PLC. up 7.41% to close N29.00 Top losers CORNERSTONE INSURANCE PLC down 15.49% to close N0.60 UNIVERSITY PRESS PLC. down 12.68% to close N1.24 E-TRANZACT INTERNATIONAL PLC down 9.96% to close N2.35 UACN PROPERTY DEVELOPMENT COMPANY PLC down 8.00% to close N0.92 NIGERIAN BREW. PLC. down 6.76% to close N49.00 LIVESTOCK FEEDS PLC.down 6.67% to close […]