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Markets

NCM 2020: Trading Statistics in 2020 – Market Volume Increased by 21.69%

The market recorded 57 gainers to 66 losers in 2020 as against 34 gainers to 98 losers in 2019.

Market Snapshot

Trading activities On the Nigerian stock market closed the Year 2020 with +50.03% gain as against -14.60% loss and -17.81% loss recorded in 2019 and 2018 respectively. 

Analysis of market turnover revealed that total volume traded increased by +21.69% in 2020 as against -22.98% negative growth recorded in 2019. Also, the total value traded increased by +6.43% in 2020 as against -21.52% growth in 2019. 

The market recorded 57 gainers to 66 losers in 2020 as against 34 gainers to 98 losers in 2019.

Table 5: Market Snapshot

Volume and Value by Sector

The financial services sector outperformed other sectors with 68.17% contribution to total volume traded on the Nigerian bourse in 2020 as against 76.07% contribution recorded in 2019. Construction/Real Estate and Conglomerates sectors followed closely on the table while the Natural Resources sector traded the least volume of trade.

Financial services traded 64.48 bln volumes in 2020 to lead the pack, Construction/Real Estate and Conglomerates sectors came in second and third with 9.90bln and 5.03 bln traded volumes respectively while the Natural resources sector traded the least volume with 192.11 mln units traded.

Table 6: 2020 Volume and Value by Sectors

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Top 10 Equity Transaction 

Analysis of equity transactions by volume reveals that ZENITHBANK topped the volume of equities traded as 10.70 bln units of share were traded in 2020; UAC-PROP followed with 9.70 bln units while FBNH came third with 8.48 bln units.

Table 7: Top 10 Equity Transaction by Volume 2020

Similarly, analysis of equity transaction by value reveals that GUARANTY topped activities with N195.49bn share value traded in 2020; ZENITHBANK followed with N193.79bn share value while MTNN came in third with N85.69bn share value transacted in 2020.

Table 8: Top 10 Equity Transaction by Value 2020

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