Stock Roundup: Sterling Bank, Fidelity Top Equities, As Investors Trade N12.92 billion Nigerian Stocks

Market report from the Nigerian Exchange Limited (NGX) disclosed that over 1.195 billion shares exchanged investors hands in 19,305 deals, worth N12.924 billion, this week.

Investors increased their investment on the exchange floor when compared with the 914.443 million shares, valued at N15.263 billion, that were exchanged last week in 18,021 deals.

Top three sectors 

The Financial Services Industry is one of the top three sectors after five days of trading, as investors traded 1.017 billion of the industry’s shares, worth N5.685 billion, in 10,107 deals. 

ICT Industry also made the list, reporting 37.063 million shares worth N4.575 billion were exchanged in 1,996 deals. 

Completing the list is the Consumer Goods Industry, with a turnover of 35.184 million shares in 2,471 deals valued at N1.209 billion.

Top three equities 

By measure of volume, the top three equities are Sterling Bank Plc., Fidelity Bank Plc and Access Holdings Plc, as they accounted for 45.18% and 11.60% of the total equity turnover volume and value respectively. 

Sterling Bank, Fidelity Bank and Access Holdings recorded a combined 540.056 million shares worth N1.499 billion in 2,179 deals on their exchange floor.

Top five gainers

• Vitafoam gained N3.30kobo, after its stock price appreciated from N20.30kobo to N23.60kobo per share.
• E-Tranzact reported an uptick of N0.37kobo, as its share rose from N2.28kobo to N2.65kobo per share.
• Fidelity Bank share went up by N0.34kobo, rising to N3.40kobo from N3.06 per share.
• Guinness saw its share price gain N7.90kobo, increasing to N87.90kobo from N80 per share.
• Nigerian Exchange Group recorded an appreciation of N1.95kobo, after the share went from N20.05 to N22 per share

Top five losers 

• Unilever share depreciated by N1.30kobo, dwindling from N13.50kobo to N12.20kobo per share.
• MCNichols share dropped in value by 9.46 percent, to settle at N0.67kobo from N0.74kobo per share.
• CWG followed the same path, losing 9.09 percent after trading hours, to sell at N0.90kobo from N0.99kobo per share.
• John Holt reported a decline of 8.99 percent in its share, depreciating from N0.89kobo to N0.81kobo per share.
• RT Briscoe share lost 8.57 percent from previous day’s N0.35kobo, dropping to N0.32kobo per share.