APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart this week on the floor of the Nigerian Exchange (NGX) with 508.517 million shares valued at N6.212 billion and traded in 6,877 deals.
The weekly report of transactions released on Friday in Lagos by the NGX showed that the Consumer Goods Industry followed with 86.346 million shares worth N4.806 billion in 2,562 deals while the third place was the Industrial Goods Industry, with a turnover of 34.305 million shares worth N3.635 billion in 1,305 deals.
It added that a total turnover of 751.990 million shares worth N20.575 billion in 15,822 deals was traded this week by investors in contrast to a total of 944.293 million shares valued at N22.710 billion that exchanged hands last week in 18,615 deals.
According to the report, trading in the top three equities namely Guaranty Trust Holding Company Plc, United Bank for Africa Plc and FBN Holdings Plc. accounted for 249.667 million shares worth N3.915 billion in 1,984 deals, contributing 33.20% and 19.03% to the total equity turnover volume and value respectively.
A total of 2,895 units valued at N452,808.58 were traded this week in 29 deals compared with a total of 16,674 units valued at N11.982 million transacted last week in 44 deals.
In the Bonds section, a total of 24,298 units valued at N25.475 million were traded this week in 12 deals compared with a total of 45,882 units valued at N46.200 million transacted last week in 22 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.96% and 0.95% to close the week at 53,804.46 and N29.310 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Premium, NGX Insurance, NGX MERI Growth, NGX Consumer Goods, NGX Oil and Gas, NGX Industrial Goods and NGX Growth indices which appreciated by 0.54%, 1.18%, 0.44%, 0.67%, 0.91%, 0.06% and 7.15% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N461)
GIK/APA
