The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 2.011 billion shares valued at N25.783 billion traded in 24,350 deals.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the Services Industry followed with 1.020 billion shares worth N3.216 billion in 1,846 deals, while the third place was the Agriculture Industry, with a turnover of 168.028 million shares worth N647.859 million in 1,473 deals.
It added that a total turnover of 3.557 billion shares worth N47.220 billion in 42,871 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.827 billion shares valued at N42.366 billion that exchanged hands last week in 44,277 deals.
Trading in the top three equities namely Tourist Company of Nigeria Plc, FCMB Group Plc and Abbey Mortgage Bank Plc accounted for 1.876 billion shares worth N8.511 billion in 935 deals, contributing 52.73% and 18.02% to the total equity turnover volume and value respectively.
According to the report, a total of 81,047 units valued at N7.433 million were traded this week in 141 deals compared with a total of 314,760 units valued at N9.459 million transacted last week in 177 deals.
In the Bonds section, a total of 20,856 units valued at N20.993 million were traded this week in 20 deals compared with a total of 640,759 units valued at N683.018 million transacted last week in 24 deals.
The NGX All-Share Index and Market Capitalization depreciated by 2.33% to close the week at 98,201.49 and N55.605 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX MERI Value which appreciated by 0.72%, while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N1601)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
