The Financial Services Industry led the activity chart this three-day trading week on the Nigerian Exchange with 270.549 million shares valued at N 2.940 billion traded in 5,730 deals.
The Services Industry followed with 74.980 million shares worth N168.626 million in 954 deals, while the third place was The Oil and Gas Industry, with a turnover of 42.664 million shares worth N262.001 million in 798 deals.
The Federal Government of Nigeria declared Monday 11th and Tuesday 12th July 2022 as Public Holidays to commemorate the Eid el-Kabir celebration.
According to the weekly report of transactions released by the Nigerian Exchange on Friday in Lagos, a total turnover of 504.322 million shares worth N7.517 billion in 12,393 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 822.404 million shares valued at N10.366 billion that exchanged hands last week in 20,643 deals.
Trading in the top three equities namely Guaranty Trust Holding Company Plc, Caverton Offshore Support Grp Plc and United Bank For Africa Plc (measured by volume) accounted for 164.202 million shares worth N1.859 billion in 1,937 deals, contributing 32.56% and 24.73% to the total equity turnover volume and value respectively.
It added that a total of 2,414 units valued at N962,254 were traded this week in 10 deals compared with a total of 5,099 units valued at N267,772.87 transacted last week in 17 deals.
In the Bonds section, a total of 747,022 units valued at N775.089 million were traded this week in 23 deals compared with a total of 156,646 units valued at N158.716 million transacted last week 41 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.27% and 1.28% to close the week at 52,215.12 and N28.158 trillion respectively.
However, all other indices finished lower with the exception of the NGX-Main Board, NGX 30, NGX MERI Growth, NGX Oil/Gas, NGX Lotus II Indices which appreciated at 3.38%, 0.91%, 0.30%, 0.02% and 0.60% while, the NGX ASeM, NGX Growth and NGX Sovereign Bond Indices closed flat. ($1=N410)
GIK/APA