APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the Nigerian Exchange with 1.687 billion shares valued at N28.514 billion traded in 25,751 deals.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the Conglomerates Industry followed with 210.272 million shares worth N2.988 billion in 4,419 deals while the third place was the Oil and Gas Industry, with a turnover of 203.777 million shares worth N2.139 billion in 4,544 deals.
According to the report, a total turnover of 2.478 billion shares worth N47.856 billion in 54,982 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.893 billion shares valued at N95.147 billion that exchanged hands last week in 69,117 deals.
Trading in the top three equities namely FBN Holdings Plc, Transnational Corporation Plc and Jaiz Bank Plc accounted for 732.804 million shares worth N13.705 billion in 7,040 deals, contributing 29.57% and 28.64% to the total equity turnover volume and value respectively.
A total of 3.144 million units valued at N108.299 million were traded this week in 659 deals compared with a total of 181,095 units valued at N40.091 million transacted last week in 522 deals.
In the Bonds section, a total of 69,544 units valued at N67.744 million were traded this week in 35 deals compared with a total of 52,338 units valued at N51.123 million transacted last week in 31 deals.
The NGX All-Share Index and Market Capitalization depreciated by 2.45% and 2.49% to close the week at 101,858.37 and N55.735 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX ASeM which appreciated by 4.63%. ($1=N1481)
GIK/APA
Financial Services Industry dominates trading at Nigerian bourse
