APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange with 2.640 billion shares valued at N47.654 billion traded in 31,929 deals.
The weekly report of transactions released on Friday in Lagos showed that the Oil and Gas Industry followed with 347.962 million shares worth N4.064 billion in 5,972 deals, while the third place was the Conglomerates Industry, with a turnover of 337.682 million shares worth N4.709 billion in 5,493 deals.
It added that a total turnover of 3.893 billion shares worth N95.147 billion in 69,117 deals was traded by investors in contrast to a total of 2.981billion shares valued at N57.873 billion that exchanged hands last week in 67,962 deals.
Trading in the top three equities namely FBN Holdings Plc, Transnational Corporation Plc and United Bank for Africa Plc (measured by volume) accounted for 961.288 million shares worth N21.390 billion in 9,966 deals, contributing 24.70% and 22.48% to the total equity turnover volume and value respectively.
According to the report, a total of 181,095 units valued at N40.091 million were traded this week in 522 deals compared with a total of 77,804 units valued at N27.478 million transacted last week in 385 deals.
In the Bonds section, a total of 52,338 units valued at N51.123 million were traded this week in 31 deals compared with a total of 98,426 units valued at N95.304 million transacted last week in 60 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.97% and 2.00% to close the week at 104,421.23 and N57.158 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX CG, NGX Banking, NGX Pension, NGX Insurance, NGX AFR Bank Value, NGX MERI Growth, NGX MERI Value, NGX Oil and Gas and NGX Sovereign Bond which depreciated by 2.75%, 4.52% 1.85%, 4.07%, 5.83%, 5.70%, 2.14%, 2.47% and 0.88% respective. ($1=N1413)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
