APA – Lagos (Nigeria)
The Conglomerates Industry led the activity chart this four-day trading week on the floor of the Nigerian Exchange with 11.399 billion shares valued at N30.990 billion traded in 2,310 deals.
The Federal Government of Nigeria declared Monday April 24, 2023 as Public Holidays to mark the Eid el-Fitr celebration.
According to weekly report of transactions released on Friday in Lagos by the Exchange, the Financial Services Industry followed with 2.185 billion shares worth N22.225 billion in 11,946 deals, while the third place was the Oil and Gas Industry, with a turnover of 117.097 million shares worth N648.971 million in 1,500 deals.
The report added that a total turnover of 14.029 billion shares worth N59.007 billion in 24,048 deals was traded this week by investors in contrast to a total of 3.920 billion shares valued at N15.620 billion that exchanged hands last week in 16,856 deals.
Trading in the top three equities namely Transnational Corporation Plc, Access Holdings Plc and Fidelity Bank Plc, accounted for 13.116 billion shares worth N47.928 billion in 6,614 deals, contributing 93.49% and 81.22% to the total equity turnover volume and value respectively.
A total of 2,385 units valued at N643,140.13 were traded this week in 39 deals compared with a total of 590 units valued at N269,819.25 transacted last week in 32 deals.
In the Bonds section, a total of 23,782 units valued at N23.592 million were traded this week in 15 deals compared with a total of 29,696 units valued at N29.004 million transacted last week in 28 deals.
The NGX All-Share Index and Market Capitalization appreciated by 2.04% to close the week at 52,403.51 and N28.534 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX MERI Growth and NGX Oil and Gas which depreciated by 1.58% and 0.14% respectively while the NGX ASeM, NGX Growth and NGX Sovereign Bond indices closed flat. ($1=N463)
GIK/APA
Conglomerates Industry dominates trading at Nigerian bourse
