A total turnover of 1.534 billion shares worth N11.267 billion in 18,928 deals were traded last week ending 3rd April 2020 by investors on the floor of the Nigerian stock exchange. This is a contrast to a total of 1.452 billion shares valued at N14.91 billion that exchanged hands last week in 21,828 deals.
The Financial Services industry (measured by volume) led the activity chart with 1.105 billion shares valued at N7.100 billion traded in 12,225 deals; thus contributing 71.99% and 63.02% to the total equity turnover volume and value respectively.
The Industrial Goods followed with 218.471 million shares worth N1.236 billion in 1,610 deals. The third place was the Consumer Goods industry, with a turnover of 134.599 million shares worth N1.855 billion in 2,332 deals.
Trading in the Top Three Equities namely, Sterling Bank Plc., Zenith Bank Plc., and Meyer Plc. (measured by volume) accounted for 752.359 million shares worth N3.247 billion in 4,039 deals, contributing 49.03% and 28.82% to the total equity turnover volume and value respectively.
(READ MORE: Nigerian bourse down 0.14%, trading volume drops due to NSE’s remote trading)
INDEX MOVEMENT
The NSE All-Share Index and Market Capitalization both depreciated by 3.51% to close the week at 21,094.62 and N10.994 trillion respectively.
All other indices finished lower with the exception of NSE Oil/Gas which appreciated by 2.33% while NSE ASeM Index closed flat.
SUMMARY OF PRICE CHANGES
Fifteen (15) equities appreciated at price during the week, lower than Thirty-four (34) in the previous week. Thirty-six (36) equities depreciated in price, higher than Thirty (30) equities in the previous week, while One hundred and twelve (112) equities remained unchanged, higher than Ninety-nine (99) equities recorded in the preceding week.
TOP GAINERS FOR THE WEEK
GLAXO SMITHKLINE CONSUMER NIG. PLC up 24.68% to close at N4.80
LIVESTOCK FEEDS PLC. up18.64% to close at N0.70
CADBURY NIGERIA PLC. up12.90% to close at N7.00
BERGER PAINTS PLC up 9.84% to close at N6.70
11 PLC up 9.83% to close at N160.90
MAY & BAKER NIGERIA PLC. Up 9.74% to close at N2.14
NEM INSURANCE PLC up 9.52% to close at N2.07
MEYER PLC. up 8.70% to close at N0.50
UNION DIAGNOSTIC & CLINICAL SERVICES PLC up 7.69% to close at N0.28
CHAMPION BREW. PLC. 0.75 0.80 0.05 6.67% to close at N0.80
(READ MORE: NSE loses N2 trillion in value in Q1 2020, as oil plunges 65% QoQ)
TOP LOSERS FOR THE WEEK
NIGERIAN BREW. PLC. down13.73 % to close at N22.00
ECOBANK TRANSNATIONAL INCORPORATED down 12.36% to close at N3.95
CUSTODIAN INVESTMENT PLC down 11.02% to close at N5.25
GUINNESS NIG PLC down 9.92% to close at N22.70
SKYWAY AVIATION HANDLING COMPANY PLC down 9.89% to close at N2.37
C & I LEASING PLC. down 9.68% to close at N5.60
WEMA BANK PLC. down 9.62% to close at N0.47
JAIZ BANK PLC down 9.43% to close at N.048
INTERNATIONAL BREWERIES PLC. down 9.26% to close at N4.90
UNITED CAPITAL PLC down 9.17% to close at N2.18
DEBT
A total volume of 78,672 units of 4.131% FGS MAR 2022 and 206,307 units of 5.131% FGS MAR 2023 was admitted to trading at the Exchange on the 3rd April 2020.
Additional volumes of 55,000,000, 65,000,000 and 40,000,000 units were added to the following bonds 12.75% FGN APR 2023, 14.55% FGN APR 2029 and 14.80% FGN APR 2049 respectively on Monday 30th of March, 2020.
