The Financial Services Industry led the activity chart on the floor of the Nigerian Exchange with 2.176 billion shares valued at N31.741 billion traded in 17,295 deals in the four-day trading week.
The Federal Government of Nigeria declared Wednesday, June 12, 2024 as Public Holiday to commemorate Democracy Day celebration.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the Consumer Goods Industry followed with 176.983 million shares worth N5.309 billion in 3,785 deals, while the third place was the Oil and Gas Industry, with a turnover of 71.184 million shares worth N3.906 billion in 2,648 deals.
It added that a total turnover of 2.633 billion shares worth N43.652 billion in 33,709 deals was traded this week by investors in contrast to a total of 1.703 billion shares valued at N30.495 billion that exchanged hands last week in 37,765 deals.
Trading in the top three equities namely Fidelity Bank Plc, Access Holdings Plc and Zenith Bank Plc (measured by volume) accounted for 1.351 billion shares worth N20.222 billion in 6,631 deals, contributing 51.31% and 46.33% to the total equity turnover volume and value respectively.
According to the report, a total of 14,964 units valued at N1.548 million were traded this week in 71 deals compared with a total of 20,886 units valued at N7.415 million transacted last week in 142 deals.
In the Bonds section, a total of 49,349 units valued at N49.257 million were traded this week in 18 deals compared with a total of 292,878 units valued at N294.087 million transacted last week in 27 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.71% to close the week at 99,925.29 and N56.527 trillion respectively.
Similarly, all other indices finished higher while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N1480)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
