APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 1.955 billion shares valued at N26.384 billion traded in 21,707 deals.
The weekly report of transactions released on Friday in Lagos showed that the Oil and Gas Industry followed with 281.356 million shares worth N5.307 billion in 4,423 deals, while the third place was the Conglomerates Industry, with a turnover of 280.586 million shares worth N1.763 billion in 3,079 deals.
It added that a total turnover of 2.933 billion shares worth N47.449 billion in 44,654 deals was traded this week by investors in contrast to a total of 2.644 billion shares valued at N45.450 billion that exchanged hands last week in 44,189 deals.
Trading in the top three equities namely United Bank for Africa Plc, Transnational Corporation Plc and Access Holdings Plc (measured by volume) accounted for 1.026 billion shares worth N13.649 billion in 9,733 deals, contributing 34.98% and 28.77% to the total equity turnover volume and value respectively.
According to the report, a total of 16,562 units valued at N2.658 million were traded this week in 73 deals compared with a total of 5.826 million units valued at N65.961 million transacted last week in 101 deals.
In the Bonds section, a total of 94,257 units valued at N103.270 million were traded this week in 33 deals compared with a total of 138,031 units valued at N148.301 million transacted last week in 25 deals.
The NGX All-Share Index and Market Capitalization depreciated by 1.10% to close the week at 67,395.74 and N36.886 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Insurance, NGX MERI Growth and NGX Growth which appreciated by 0.46%, 0.55% and 4.15% respectively while the NGX ASeM index closed flat. ($1=N767.73)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
