The Financial Services Industry led the activity chart this week on the floor of the Nigerian Stock Exchange (NSE) with 1.888 billion shares valued at N12.446 billion traded in 12,019 deals.
The weekly report of transactions released on Friday in Lagos showed that the Natural Resources Industry followed with 201.260 million shares worth N41.295 million in 27 deals, while the third place was Conglomerates Goods Industry, with a turnover of 62.053 million shares worth N65.672 million in 612 deals.
The report added that a total turnover of 2.342 billion shares worth N19.272 billion were traded in 20,173 deals by investors in contrast to a total of 1.675 billion shares valued at N23.541 billion that exchanged hands last week in 21,732 deals.
According to the report, trading in the top three equities namely Unity Bank Plc, Guaranty Trust Bank Plc and Multiverse Mining and Exploration Plc accounted for 1.471 billion shares worth N7.114 billion in 2,317 deals, contributing 62.82% and 36.91% to the total equity turnover volume and value respectively.
It explained that a total of 435,459 units valued at N2.351 billion were traded this week in 29 deals compared with a total of 217,600 units valued at N3.699 million transacted last week in 6 deals.
In the Bonds section, a total of 295,829 units valued at N304.859 million were traded this week in 20 deals compared with a total of 9,192 units valued at N10.671 million transacted last week in 6 deals.
The NSE All-Share Index and Market Capitalization depreciated by 0.69% to close the week at 38,382.39 and N20.082 trillion respectively.
However, all other indices finished higher with the exception of NSE Mainboard, NSE 30, NSE Insurance, NSE Consumer Goods, NSE Lotus II, NSE Industrial and NSE Growth Indices, which declined by 1.68%, 0.99%, 0.01%, 1.46%, 1.51%, 2.62% and 0.25% while the NSE Sovereign Bond Index closed flat. ($1=N380)
GIK/APA