APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart on the floor of the Nigerian Exchange (NGX) this week with 1.424 billion shares valued at N13.398 billion traded in 18,216 deals.
The weekly report of transactions released on Friday in Lagos by the NGX showed that the Conglomerates Industry followed with 652.296 million shares worth N4.434 billion in 4,931 deals, while the third place was the Consumer Goods Industry, with a turnover of 264.359 million shares worth N12.036 billion in 10,821 deals.
It added that a total turnover of 2.866 billion shares worth N37.050 billion in 33,968 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.812 billion shares valued at N29.299 billion that exchanged hands last week in 31,163 deals.
Trading in the top three equities namely Transnational Corporation Plc, Sterling Financial Holdings Company Plc and Fidelity Bank Plc (measured by volume) accounted for 1.065 billion shares worth N6.525 billion in 6,801 deals, contributing 37.17% and 17.61% to the total equity turnover volume and value respectively.
A total of 17,367 units valued at N4.581 million were traded this week in 104 deals compared with a total of 11,914 units valued at N3.980 million transacted last week in72 deals.
In the Bonds section, a total of 734,103 units valued at N702.533 million were traded this week in 24 deals compared with a total of 103,716 units valued at N107.327 million transacted last week in 30 deals.
The NGX All-Share Index and Market Capitalization appreciated by 3.00% to close the week at 67,527.19 and N36.958 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Growth index which depreciated by 1.85% while the NGX ASeM index closed flat ($1=N773)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
