The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 1.680 billion shares valued at N23.486 billion traded in 22,766 deals.
The weekly report of transactions released on Friday in Lagos by the Nigerian Exchange showed that the ICT industry followed with 201.287 million shares worth N3.155 billion in 2,840 deals while the third place was the Services Industry, with a turnover of 182.275 million shares worth N7.961 billion in 3,019 deals.
A total turnover of 2.536 billion shares worth N91.382 billion in 51,406 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.729 billion shares valued at N49.845 billion that exchanged hands last week in 43,298 deals.
According to the report, trading in the top three equities namely Sterling Financial Holdings Company Plc, Wema Bank Plc and E-Tranzact International Plc accounted for 623.895 million shares worth N3.981 billion in 1,544 deals, contributing 24.61% and 4.36% to the total equity turnover volume and value respectively.
It added that a total of 72,498 units valued at N7.598 million were traded this week in 95 deals compared with a total of 167,935 units valued at N6.493 million transacted last week in 78 deals.
In the Bonds section, a total of 74,104 units valued at N74.259 million were traded this week in 33 deals compared with a total of 33,533 units valued at N37.268 million transacted last week in 25 deals. The NGX All-Share Index and Market Capitalization appreciated by 1.76% to close the week at 101,129.09 and N61.303 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Industrial Goods and NGX Sovereign Bond which depreciated by 0.86% and 0.06% respectively while the NGX ASeM index closed flat. ($1=N1542)
GIK/APA