APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian exchange with 3.873 billion shares valued at N53.364 billion traded in 39,913 deals.
The weekly report of transactions released on Friday in Lagos showed that the Conglomerates Industry followed with 725.490 million shares worth N9.886 billion in 7,658 deals, while the third place was the Oil and Gas Industry, with a turnover of 223.240 million shares worth N2.690 billion in 4,464 deals.
It added that a total turnover of 5.719 billion shares worth N88.828 billion in 80,064 deals was traded this week by investors in contrast to a total of 3.320 billion shares valued at N41.755 billion that exchanged hands last week in 46,994 deals.
According to the report, trading in the top three equities namely Transnational Corporation Plc, FCMB Group Plc and Fidelity Bank Plc accounted for 1.380 billion shares worth N17.741 billion in 12,442 deals, contributing 24.12% and 19.97% to the total equity turnover volume and value respectively.
A total of 75,890 units valued at N33.486 million were traded this week in 334 deals compared with a total of 391,760 units valued at N8.450 million transacted last week in 140 deals.
In the Bonds section, a total of 51,246 units valued at N49.867 million were traded this week in 33 deals compared with a total of 74,677 units valued at N71.574 million transacted last week in 32 deals.
The NGX All-Share Index and Market Capitalization appreciated by 4.24% to close the week at 83,042.96 and N45.442 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Oil and Gas which depreciated by 1.61%, while the NGX ASeM index closed flat. ($1=N865)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
