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Home Capital Market

Stock Market Report: All-Share Index sheds 0.12%

Business 360 by Business 360
July 13, 2020
in Capital Market, Economy, Finance
0
Japaul Oil, Julius Berger,Forte oil lead gainers’ chart as All Share Index drops by 1.78%

Trading at the Nigerian Stock Exchange closed on a bearish note last week as investors traded a total of 901.542 million shares for the sum of N13.453 billion in 18,676 transactions.

The NSE All-Share Index and Market Capitalization both dropped by 0.12% to close the week at 24,306.36 and N12.680 trillion respectively.

The Financial Services industry measured by volume led the activity chart with 629.368 million shares valued at N5.186 billion traded in 9,887 transactions contributing 69.81% and 38.55% to the total equity turnover volume and value respectively.

Meanwhile, the ICT recorded a total of 59.506 million shares worth N5.161 billion in 684 deals. While the Consumer Goods industry followed with a turnover of 57.136 million shares worth N1.385 billion in 2,993 deals.

Trading in the top three equities namely Guaranty Trust Bank Plc, Fidelity Bank Plc and Zenith Bank Plc. (measured by volume) accounted for 293.678 million shares worth N4.042 billion in 4,334 deals, contributing 32.58% and 30.05% to the total equity turnover volume and value respectively.

Twenty-five equities appreciated in price during the week, while thirty-three equities featured in the losers chat.

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