The Financial Services Industry led the activity chart this week on the floor of the Nigerian Stock Exchange (NSE) with 1.096 billion shares valued at N12.294 billion and traded in 11,106 deals.
The weekly report of transactions released by the NSE on Friday in Lagos showed that the Consumer Goods Industry followed with 177.673 million shares worth N3.577 billion in 3,139 deals, while the third place was the Conglomerates Industry, with a turnover of 99.609 million shares worth N216.997 million in 856 deals.
The report added that a total turnover of 1.530 billion shares worth N21.311 billion in 20,016 deals were traded by investors on the floor of the Exchange in contrast to a total of 2.342 billion shares valued at N19.272 billion that exchanged hands last week in 20,173 deals.
It explained that trading in the top three equities namely Union Bank Nig. Plc, Guaranty Trust Bank Plc and Dangote Sugar Refinery Plc (measured by volume) accounted for 687.616 million shares worth N9.496 billion in 3,022 deals, contributing 44.95% and 44.56% to the total equity turnover volume and value respectively.
According to the report, a total of 25,905 units valued at N208.954 million were traded this week in 7 deals compared with a total of 435,459 units valued at N2.351 billion transacted last week in 29 deals.
In the Bonds section, a total of 93,124 units valued at N97.453 million were traded this week in 47 deals compared with a total of 295,829 units valued at N304.859 million transacted last week in 20 deals.
The NSE All-Share Index and Market Capitalization appreciated by 2.17% to close the week at 39,216.20 and N20.518 trillion respectively.
However, all other indices finished higher with the exception of NSE MERI Value and NSE Sovereign Bond Indices, which declined by 1.54% and 0.13% while the NSE ASeM, NSE AFR Div Yield and NSE Growth Indices closed flat. ($1=N380)
GIK/APA