The Financial Services Industry led the activity chart this week on the floor of the Nigeria Exchange (NGX) with 3.469 billion shares valued at ₦73.013 billion traded in 117,509 deals.
According to the weekly report of trading released on Friday in Lagos by the NGX, the Oil & Gas Industry followed with 1.023 billion shares worth ₦18.900 billion in 17,680 deals, while the Third place was the ICT Industry, with a turnover of 232.368 million shares worth ₦14.624 billion in 31,866 deals.
The report stated that a total turnover of 5.359 billion shares worth ₦139.053 billion in 261,869 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 5.119 billion shares valued at ₦404.762 billion that exchanged hands last week in 285,223 deals.
Trading in the top three equities, namely Japaul Gold & Ventures Plc, Fortis Global Insurance Plc and FCMB Group Plc accounted for 2.562 billion shares worth ₦14.173 billion in 6,645 deals, contributing 47.80% and 10.19% to the total equity turnover volume and value respectively.
It added that a total of 3.561 million units valued at ₦513.089 million were traded this week in 5,558 deals compared with a total of 4.607 million units valued at ₦549.378 million, transacted last week in 6,535 deals.
In the Bonds section, a total of 117,372 units valued at ₦121.249 million were traded this week in 29 deals compared with a total of 305,669 units valued at ₦311.559 million transacted last week in 53 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.12% to close the week at 245,573.60 and ₦158.513 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Insurance, NGX Consumer Goods, NGX Oil & Gas, NGX Lotus II, NGX Industrial Goods, NGX Growth, NGX Sovereign Bond and NGX Commodity indices which depreciated by 0.83%, 3.31%, 1.75%, 0.03%, 0.46%, 0.17%, 2.14%, 0.09% and 0.01% respectively. ($1=N1365)
GIK/APA