The Financial Services Industry led the activity chart this four-day trading week on the floor of the Nigerian Stock Exchange (NSE) with 587.373 million shares valued at N5.092 billion traded in 8,210 deals.
The Nigerian Government declared Monday 22nd April 2019 (Easter Monday) as Public Holiday in commemoration of the Easter celebrations.
The weekly report of transactions released by the NSE on Friday in Lagos showed that the Oil and Gas Industry followed with 326.457 million shares worth N430.320 million in 1,670 deals.
The third place was Construction/Real Estate Industry with a turnover of 218.458 million shares worth N4.326 billion in 118 deals.
The report added that a total turnover of 1.432 billion shares worth N15.089 billion in 15,342 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 988.692 million shares valued at N11.432 billion that exchanged hands last week in 13,596 deals.
Trading in the Top Three Equities namely, Japaul Oil & Maritime Services Plc, Julius Berger Nigeria Plc and United Bank for Africa Plc accounted for 628.055 million shares worth N671.387 million in 1,810 deals.
According to the report, a total of 4,800 units of Exchange Traded Products (ETPs) valued at N45,578.70 were executed in 9 deals during the week. No trading was recorded in the previous week.
In the Bonds section, a total of 41,150 units of Federal Government Bonds valued at N43.977 million were traded this week in 11 deals compared with a total of 14,246 units valued at N14.980 million transacted last week in 17 deals.
The NSE All-Share Index depreciated by 1.15% while Market Capitalization depreciated by 1.09% to close the week at 29,740.41 and N11.177 trillion respectively.
Similarly, all other indices finished lower with the exception of the NSE Oil/Gas Index that rose by 0.43%. ($1=N305)
GIK/APA