The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 3.470 billion shares valued at N40.791 billion traded in 34,364 deals.
The Services industry followed with 407.032 million shares worth N2.226 billion in 4,996 deals, while third place was the ICT Industry, with a turnover of 237.680 million shares worth N3.628 billion in 5,280 deals.
The report on trading activities released on Friday in Lagos by the Exchange showed that a total turnover of 4.698 billion shares worth N85.043 billion in 72,562 deals was traded this week by investors in contrast to a total of 2.618 billion shares valued at N69.742 billion that exchanged hands last week in 47,953 deals.
Trading in the top three equities namely Wema Bank Plc, FBN Holdings Plc and Universal Insurance Plc (measured by volume) accounted for 1.679 billion shares worth N20.838 billion in 4,922 deals, contributing 35.74% and 24.50% to the total equity turnover volume and value respectively.
According to the report, a total of 27,861 units valued at N8.963 million were traded this week in 117 deals compared with a total of 91,659 units valued at N5.778 million transacted last week in 107 deals.
In the Bonds section, a total of 128,518 units valued at N118.161 million were traded this week in 51 deals compared with a total of 33,902 units valued at N33.069 million transacted last week in 27 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.80% to close the week at 105,451.06 and N64.303 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFRBank Value, NGX AFR Div Yield, NGX MERI Value, NGX Consumer Goods, NGX Oil and Gas and NGX Industrial Goods which depreciated by 6.91%, 0.08%, 1.11%, 0.17%, 0.34%, 0.34% and 0.26% respectively while the NGX ASeM closed flat. ($1=N1544)
GIK/APA