APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian exchange with 1.721 billion shares valued at N18.281 billion traded in 17,151 deals.
The weekly report of transactions released on Friday in Lagos showed that the Conglomerates Industry followed with 200.584 million shares worth N1.546 billion in 2,073 deals, while the third place was the Services industry, with a turnover of 122.025 million shares worth N376.167 million in 2,051 deals.
The report added that a total turnover of 2.543 billion shares worth N38.644 billion in 36,138 deals was traded this week by investors in contrast to a total of 2.425 billion shares valued at N22.665 billion that exchanged hands last week in 33,230 deals.
Trading in the top three equities namely Universal Insurance Plc, Access Holdings Plc, and Transnational Corporation Plc accounted for 660.409 million shares worth N4.795 billion in 4,194 deals, contributing 25.97% and 12.41% to the total equity turnover volume and value respectively.
According to the report, a total of 43,318 units valued at N10.993 million were traded this week in 308 deals compared with a total of 135,257 units valued at N22.336 million transacted last week in 509 deals.
In the Bonds section, a total of 17,903 units valued at N18.305 million were traded this week in 14 deals compared with a total of 3,613 units valued at N3.714 million transacted last week in 10 deals.
The NGX All-Share Index appreciated by 0.27%, while the Market Capitalization depreciated by 0.23% to close the week at 71,419.87 and N39.082 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Insurance, NGX AFR Div Yield, NGX MERI Growth, NGX Consumer Goods, NGX Industrial Goods and NGX Sovereign Bond which depreciated by 0.11%, 2.03%, 1.33%, 0.57%, 0.47%, 1.23% and 0.65% respectively while the NGX ASeM index closed flat. ($1=952)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
