APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 1.127 billion shares valued at N18.908 billion traded in 19,424 deal.
The weekly report of transactions on the Nigerian Exchange released on Friday in Lagos showed that the Conglomerates Industry followed with 117.400 million shares worth N1.508 billion in 2,775 deals, while the third place was the Consumer Goods, with a turnover of 98.422 million shares worth N4.008 billion in 6,322 deals.
It added that a total turnover of 1.559 billion shares worth N36.497 billion in 42,546 deals was traded this week by investors in contrast to a total of 2.478 billion shares valued at N47.856 billion that exchanged hands last week in 54,982 deals.
Trading in the top three equities namely United Bank for Africa Plc, FBN Holdings Plc and Guaranty Trust Holding Company Plc(measured by volume) accounted for 389.286 million shares worth N11.757 billion in 5,372 deals, contributing 24.96% and 32.21% to the total equity turnover volume and value respectively.
According to the report, a total of 27,394 units valued at N16.787 million were traded this week in 239 deals compared with a total of 3.144 million units valued at N108.299 million transacted last week in 659 deals.
In the Bonds section, a total of 639,482 units valued at N638.502 million were traded this week in 24 deals compared with a total of 69,544 units valued at N67.744 million transacted last week in 35 deals.
The NGX All-Share Index and Market Capitalization appreciated by 3.79% to close the week at 105,722.78 and N57.850 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX CG, NGX Banking, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth, NGX Industrial Goods, NGX Growth and NGX Sovereign Bond which depreciated by 0.18%, 1.34%, 3.32%, 0.32%, 3.43%, 1.83%, 6.50% and 0.02% respectively. ($1=N1493)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
