The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 1.821 billion shares valued at N28.958 billion traded in 20,173 deals.
The weekly report of trading released on Friday in Lagos by the Nigerian Exchange showed that the ICT Industry followed with 389.848 million shares worth N6.560 billion in 2,515 deals and the Third place was the Conglomerates Industry, with a turnover of 160.993 million shares worth N4.746 billion in 3,623 deals.
The report added that a total turnover of 2.717 billion shares worth N54.632 billion in 46,848 deals was traded this week by investors in contrast to a total of 2.142 billion shares valued at N85.946 billion that exchanged hands last week in 41,217 deals.
Trading in the top three equities namely Fidelity Bank Plc, Chams Holding Company Plc and United Bank for Africa Plc (measured by volume) accounted for 1.225 billion shares worth N17.721 billion in 4,912 deals, contributing 45.10% and 32.44% to the total equity turnover volume and value respectively.
According to the report, a total of 74,599 units valued at N35.050 million were traded this week in 87 deals compared with a total of 15,636 units valued at N3.595 million transacted last week in 57 deals.
In the Bonds section, a total of 72,119 units valued at N63.735 million were traded this week in 28 deals compared with a total of 43,870 units valued at N34.851 million transacted last week in 29 deals.
The NGX All-Share Index and Market Capitalization depreciated by 2.03% to close the week at 97,432.02 and N59.039 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Banking, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth, NGX MERI Value, NGX Oil & Gas and NGX Growth which appreciated by 0.19%, 1.76%, 1.52%, 0.16%, 0.48%, 1.15%, and 0.07% respectively while the NGX ASeM index closed flat. ($1=N1670)
GIK/APA