The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 735.300 million shares valued at N4.133 billion traded in 10,186 deals.
The report of weekly trading released in Lagos on Friday by the Nigerian Exchange showed that the Conglomerates Industry followed with 69.775 million shares worth N191.041 million in 570 deals, while the third place was the ICT Industry, with a turnover of 44.439 million shares worth N2.875 billion in 1,744 deals.
It added that a total turnover of 949.819 million shares worth N9.329 billion in 18,525 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.195 billion shares valued at N12.924 billion that exchanged hands last week in 19,305 deals.
Trading in the top three equities namely Sterling Bank Plc, United Bank for Africa Plc and Transnational Corporation Plc accounted for 472.701 million shares worth N1.164 billion in 2,333 deals, contributing 49.77% and 12.48% to the total equity turnover volume and value respectively.
According to the report, a total of 3,952 units valued at N1.692 million were traded this week in 32 deals compared with a total of 7,811 units valued at N837,295.25 transacted last week in 25 deals.
In the Bonds section, a total of 219,620 units valued at N243.115 million were traded this week in 30 deals compared with a total of 28,192 units valued at N27.904 million transacted last week 11 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.70% to close the week at 49,695.12 and N26.805 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Insurance, NGX MERI Value, and NGX Consumer Goods Indices which appreciated by 1.04%, 0.87% and 0.72% while, the NGX ASeM index closed flat. ($1=N426)
GIK/APA