APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 480.122 million shares valued at N6.129 billion traded in 6,319 deals.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the Utilities Industry followed with 126.882 million shares worth N12.940 billion in 289 deals, while the third place was the ICT Industry, with a turnover of 54.012 million shares worth N5.930 billion in 1,575 deals.
The report added that a total turnover of 799.848 million shares worth N29.354 billion in 14,194 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 751.990 million shares valued at N20.575 billion that exchanged hands last week in 15,822 deals.
Trading in the top three equities namely Geregu Power Plc, Guaranty Trust Holding Company Plc and Zenith Bank Plc. (measured by volume) accounted for 307.755 million shares worth N17.489 billion in 2,325 deals, contributing 38.48% and 59.58% to the total equity turnover volume and value respectively.
According to the report, a total of 5,760 units valued at N1.160 million were traded this week in 40 deals compared with a total of 2,895 units valued at N452,808.58 transacted last week in 29 deals.
In the Bonds section, a total of 54,323 units valued at N54.379 million were traded this week in 9 deals compared with a total of 24,298 units valued at N25.475 million transacted last week in 12 deals.
The NGX All-Share Index and Market Capitalization appreciated by 2.13% to close the week at 54,949.21 and N29.934 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Sovereign Bond index which depreciated by 0.07%, while the NGX Insurance and NGX ASeM indices closed flat. ($1=N460.94)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
