NSE’s Weekly Market Report

Friday, July 24, 2020

A total turnover of 1.350 billion shares worth N14.433 billion in 16,723 deals were traded this week
by investors on the floor of the Exchange, in contrast to a total of 1.016 billion shares valued at N7.436 billion that exchanged hands last week in 18,092 deals.

The Financial Services industry (measured by volume) led the activity chart with 847.677 million
shares valued at N5.649 billion traded in 9,068 deals; thus contributing 62.77% and 39.14% to the total equity turnover volume and value respectively. The Conglomerates industry followed with 176.425 million shares worth N821.337 million in 400 deals. The third place was the Consumer
Goods industry, with a turnover of 158.022 million shares worth N3.768 billion in 2,563 deals.

Trading in the top three equities namely FBN Holdings Plc, UACN Plc and United Bank for Africa Plc. (measured by volume) accounted for 434.502 million shares worth N2.408 billion in 2,270 deals, contributing 32.18% and 16.68% to the total equity turnover volume and value respectively.

The NSE All-Share Index

The NSE All-Share Index and Market Capitalization both appreciated by 0.58% to close the week at 24,427.73 and N12.743 trillion respectively.
All other indices finished higher with the exception of NSE-Main Board, NSE Banking, NSE Insurance, NSE AFR Bank Value, NSE AFR Div Yield, NSE MERI Value, NSE Consumer Goods
and NSE Oil/Gas Indices which depreciated by 1.04%, 0.62%, 0.80%, 0.38%, 0.69%, 1.45%, 0.38% and 4.67% respectively while NSE ASeM closed flat.

Twenty-eight (28) equities appreciated in price during the week, higher than twenty-six (26) equities in the previous week. Twenty-five (25) equities depreciated in

price, lower than thirty-six (36) equities in the previous week, while one hundred and ten (110) equities remained unchanged, higher than one hundred and one (101) equities recorded in the previous week.

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