The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 1.847 billion shares valued at N30.455 billion traded in 21,899 deals.
The weekly report of transactions released on Friday by the Exchange showed that the Conglomerates Industry followed with 272.398 million shares worth N3.546 billion in 2,165 deals, while the third place was the Oil and Gas Industry, with a turnover of 112.800 million shares worth N2.259 billion in 2,748 deals.
The report added that a total turnover of 2.651 billion shares worth N49.976 billion in 41,610 deals was traded this week by investors in contrast to a total of 3.301 billion shares valued at N53.157 billion that exchanged hands last week in 27,536 deals.
Trading in the top three equities namely FBN Holdings Plc, Transnational Corporation Plc, and Access Holdings Plc (measured by volume) accounted for 1.032 billion shares worth N19.799 billion in 6,083 deals, contributing 38.92% and 39.62% to the total equity turnover volume and value respectively.
According to the report, a total of 96,553 units valued at N8.945 million were traded this week in 146 deals compared with a total of 10,876 units valued at N2.037 million transacted last week in 77 deals.
In the Bonds section, a total of 302,775 units valued at N304.005 million were traded this week in 70 deals compared with a total of 48,669 units valued at N42.884 million transacted last week in 28 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.32% to close the week at 100,057.49 and N56.602 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Consumer Goods, NGX Industrial Goods, and NGX Growth which depreciated by 0.56%, 0.33% and 0.04% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=1470)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
