APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart on the floor of the Nigerian Exchange this week with 1.166 billion shares valued at N16.925 billion traded in 13,819 deals.
The weekly report of transactions released by the Nigerian Exchange on Friday in Lagos showed that the Conglomerates Industry followed with 191.320 million shares worth N843.336 million in 1,829 deals, while the third place was the Oil & Gas Industry, with a turnover of 64.352 million shares worth N810.637 million in 2,159 deals.
According to the report, a total turnover of 1.689 billion shares worth N29.407 billion in 29,477 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.741 billion shares valued at N25.087 billion that exchanged hands last week in 30,652 deals.
It added that trading in the top three equities namely FBN Holdings Plc, Transnational Corporation Plc and Fidelity Bank Plc accounted for 576.688 million shares worth N6.911 billion in 3,524 deals, contributing 34.14% and 23.50% to the total equity turnover volume and value respectively.
A total of 30,336 units valued at N2.039 million were traded this week in 69 deals compared with a total of 70,841 units valued at N2.863 million transacted last week in 85 deals.
In the Bonds section, a total of 292,995 units valued at N294.933 million were traded this week in 48 deals compared with a total of 133,413 units valued at N142.419 million transacted last week in 38 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.93% and 0.42% to close the week at 64,721.09 and N35.422 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Premium, NGX AFR. Div. Yield, NGX Consumer Goods, NGX Industrial Goods, NGX Growth and NGX Sovereign Bond indices which appreciated by 0.69%, 0.44% 2.39%, 0.37%, 1.08% and 0.25% respectively while the NGX ASeM index closed flat. ($1=N744.93)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
