The Nigerian equities market on Friday, May 8, 2020 closed the week on a positive note as the All-Share Index and Market Capitalization both appreciated by 4.45% to close the week at 24,045.40 and N12.531 trillion respectively.
An aggregate of 1.662 billion units of shares, valued at N18.205 billion in 28,791 deals were traded during the week by investors on the floor of the Exchange, in contrast to a total of 1.012 billion shares valued at N9.892 billion that exchanged hands the previous week in 17,023 deals.
The Financial Services industry led the activity chart with 1.385 billion shares valued at N11.813 billion traded in 17,117 deals; thus contributing 83.35% and 64.89% to the total equity turnover volume and value respectively. The Services industry followed with 53.551 million shares worth N128.065 million in 1,003 deals. The third place was the Consumer Goods industry, with a turnover of 53.444 million shares worth N2.780 billion in 3,607 deals.
Trading in the Top Three Equities namely, FBN Holdings Plc, Guaranty Trust Bank and Zenith Bank Plc accounted for 774.294 million shares worth N9.796 billion in 7,516 deals, contributing 46.59% and 53.81% to the total equity turnover volume and value respectively.
Thirty-nine (39) equities appreciated in price during the week, higher than twenty-eight (28) equities in the previous week.
Twenty-two (22) equities depreciated in price, lower than twenty (20) equities in the previous week, while One hundred and two (102) equities remained unchanged, lower than one hundred and fifteen (115) equities recorded in the preceding week.
TOP 10 GAINERS
- ARDOVA PLC (32.47%)
- WAPIC INSURANCE (26.92%)
- NIGERIAN BREWERIES (25.00%)
- CONSOLIDATED HALLMARK INSURANCE (20.00%)
- PRESTIGE ASSURANCE PLC (20.00%)
- UACN PROPERTY DEVELOPMENT COMPANY (19.48%)
- DANGOTE CEMENT (15.38%)
- ECOBANK TRANSNATIONAL INCORPORATED (12.36%)
- ROYAL EXCHANGE (10.00%)
- CUTIX PLC (9.92%)
TOP 10 LOSERS
- LINKAGE ASSURANCE (-16.98%)
- C & I LEASING (-10.00%)
- MCNICHOLS PLC (-8.70%)
- NEM INSURANCE (-8.09%)
- LAFARGE AFRICA (-6.78%)
- NPF MICROFINANCE BANK (-5.60%)
- WEMA BANK (-5.08%)
- COURTEVILLE BUSINESS SOLUTIONS (-4.76%)
- MAY & BAKER NIGERIA (-4.44%)
- CHAMS PLC (-4.35%)