APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart on the floor of the Nigerian Exchange with 547.566 million shares valued at N7.100 billion traded in 9,419 deals.
The report of the weekly trading released on Friday in Lagos showed that the Conglomerates Industry followed with 85.145 million shares worth N134.734 million in 717 deals, while the third place was the Consumer Goods Industry, with a turnover of 52.981 million shares worth N1.584 billion in 2,865 deals.
According to the report, a total turnover of 853.745 million shares worth N11.841 billion in 18,543 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.023 billion shares valued at N20.221 billion that exchanged hands last week in 18,650 deals.
Trading in the top three equities namely Transnational Corporation Plc, Zenith Bank Plc and Sterling Bank Plc. (measured by volume) accounted for 226.004 million shares worth N2.041 billion in 2,613 deals, contributing 26.47% and 17.24% to the total equity turnover volume and value respectively.
It added that a total of 6,224 units valued at N1.541 million were traded this week in 56 deals compared with a total of 11,382 units valued at N1.883 million transacted last week in 74 deals.
In the Bonds section, a total of 98,883 units valued at N94.102 million were traded this week in 31 deals compared with a total of 54,802 units valued at N55.699 million transacted last week in 14 deals.
The NGX All-Share Index and Market Capitalization depreciated by 1.58% to close the week at 54,915.39 and N29.916 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Consumer Goods and NXG Growth which appreciated by 1.11% and 2.90% respectively while the NGX ASeM, NGX Oil and Gas indices and NGX Sovereign Bond index closed flat ($1=N459.94)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
