The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange (NGX) with 2.690 billion shares valued at ₦69.975 billion traded in 134,882 deals:
According to the weekly report of trading on the NGX released on Friday in Lagos, the Services Industry followed with 323.601 million shares worth ₦6.443 billion in 25,906 deals, while third place was the ICT Industry, with a turnover of 176.039 million shares worth ₦27.892 billion in 40,837 deals.
The report stated that a total turnover of 3.966 billion shares worth ₦175.659 billion in 343,587 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.398 billion shares valued at ₦111.480 billion that exchanged hands last week in 241,313 deals.
Trading in the top three equities, namely Access Holdings Plc, Abbey Mortgage Bank Plc and Sterling Financial Holdings Company Plc, accounted for 1.290 billion shares worth ₦17.560 billion in 17,768 deals, contributing 32.53% and 10.00% to the total equity turnover volume and value respectively.
A total of 5.266 million units valued at ₦735.024 million were traded this week in 7,665 deals compared with a total of 4.693 million units valued at ₦569.770 million, transacted last week in 5,505 deals.
In the Bonds section, a total of 49.518 million units valued at ₦52.908 billion were traded this week in 29 deals compared with a total of 135,590 units valued at ₦157.012 million transacted last week in 26 deals.
The NGX All-Share Index and Market Capitalization depreciated by 3.11% and 3.06% to close the week at 242,593.31 and ₦155.594 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Sovereign Bond which closed flat. ($1=N1365)
GIK/APA