APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 8.349 billion shares valued at N127.944 billion traded in 27,291 deals.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the Conglomerates Industry followed with 420.770 million shares worth N1.683 billion in 2,840 deals, while the third place was the ICT Industry, with a turnover of 220.121 million shares worth N2.198 billion in 3,237 deals.
It added that a total turnover of 9.831 billion shares worth N145.408 billion in 54,478 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.369 billion shares valued at N41.986 billion that exchanged hands last week in 39,764 deals.
Trading in the top three equities namely FBNH Holding Plc, FCMB Group Plc and United Bank for Africa (measured by volume) accounted for 6.071 billion shares worth N102.488 billion in 7,505 deals, contributing 61.75% and 70.48% to the total equity turnover volume and value respectively.
According to the report, a total of 6.592 million units valued at N49.718 million were traded this week in 119 deals compared with a total of 10.818 million units valued at N105.926 million transacted last week in 182 deals.
In the Bonds section, a total of 45,738 units valued at N46.148 million were traded this week in 30 deals compared with a total of 106,871 units valued at N106.464 million transacted last week in 26 deals.
The NGX All-Share Index and Market Capitalization appreciated by 3.40% to close the week at 63,040.41 and N34.326 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Consumer Goods Index which depreciated by 0.22% while the NGX ASeM and NGX Sovereign Bond Indices closed flat. ($1=N755.6)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
