The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 5.666 billion shares valued at N44.263 billion traded in 23,268 deals.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that Oil and Gas Industry followed with 245.722 million shares worth N15.877 billion in 9,057 deals, while third place was the Agriculture Industry, with a turnover of 216.422 million shares worth N1.087 billion in 1,653 deals.
A total turnover of 6.468 billion shares worth N75.745 billion in 48,804 deals was traded this week by investors in contrast to a total of 2.717 billion shares valued at N54.632 billion that exchanged hands last week in 46,848 deals.
Trading in the top three equities namely Sovereign Trust Insurance Plc, Consolidated Hallmark Holdings Plc and United Bank for Africa Plc (measured by volume) accounted for 3.839 billion shares worth N20.905 billion in 5,652 deals, contributing 59.36% and 27.60% to the total equity turnover volume and value respectively.
According to the report, a total of 41,335 units valued at N19.916 million were traded this week in 115 deals compared with a total of 74,599 units valued at N35.050 million transacted last week in 87 deals.
In the Bonds section, a total of 171,066 units valued at N159.609 million were traded this week in 41 deals compared with a total of 72,119 units valued at N63.735 million transacted last week in 28 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.20% to close the week at 97,236.19 and N58.920 trillion respectively.
All other indices finished higher with the exception of NGX Main Board, NGX 30, NGX Lotus II and NGX Industrial Goods which depreciated by 0.48%, 0.17%, 0.08%, and 0.02% respectively while the NGX ASeM index closed flat. ($1=N1665)
GIK/APA