APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart on the floor of the Nigerian Exchange this week with 1.578 billion shares valued at N15.652 billion and traded in 14,851 deals.
The weekly report of transactions released on Friday in Lagos by the Nigerian Exchange showed that the Oil and Gas Industry followed with 157.221 million shares worth N1.304 billion in 3,549 deals, while the third place was the Consumer Goods Industry, with a turnover of 101.562 million shares worth N1.939 billion in 3,944 deals.
It added that a total turnover of 2.196 billion shares worth N45.971 billion in 31,655 deals was traded this week by investors in contrast to a total of 2.586 billion shares valued at N46.643 billion that exchanged hands last week in 35,122 deals.
Trading in the top three equities namely United Bank for Africa Plc, FCMB Group Plc and NPF Microfinance Bank Plc accounted for 696.244 million shares worth N4.019 billion in 2,398 deals, contributing 31.70% and 8.74% to the total equity turnover volume and value respectively.
According to the report, a total of 4.550 million units valued at N57.651 million were traded this week in 116 deals compared with a total of 10,317 units valued at N4.214 million transacted last week in 62 deals.
In the Bonds section, a total of 125,410 units valued at N126.521 million were traded this week in 35 deals compared with a total of 44,858 units valued at N44.174 million transacted last week in 24 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.20% to close the week at 55,930.97 and N30.455 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Premium, NGX AFRDiv. Yield, NGX Lotus II, NGX Industrial Goods, NGX Growth and NGX Sovereign Bond which depreciated by 0.75%, 0.06%, 0.08%, 1.31%, 0.51%, and 1.50% respectively while the NGX ASeM index closed flat. ($1= N461.67)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
