APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart on the floor of the Nigerian exchange this week with 1.373 billion shares valued at N22.165 billion traded in 17,300 deals.
The weekly report of transactions released on Friday in Lagos by the Nigerian Exchange showed that the Services Industry followed with 97.008 million shares worth N616.265 million in 1,949 deals, while the third place was the Consumer Goods Industry, with a turnover of 86.370 million shares worth N2.136 billion in 3,819 deals.
It added that a total turnover of 1.882 billion shares worth N31.630 billion in 33,020 deals was traded this week by investors and that the figures were in contrast to a total of 2.423 billion shares valued at N45.070 billion that exchanged hands last week in 34,704 deals.
Trading in the top three equities namely Access Holdings Plc, Guaranty Trust Holdings Company Plc and Zenith Bank Plc (measured by volume) accounted for 491.533 million shares worth N15.466 billion in 5,997 deals, contributing 26.12% and 48.90% to the total equity turnover volume and value respectively.
According to the report, a total of 64,401 units valued at N43.102 million were traded this week in 559 deals compared with a total of 149,237 units valued at N82.359 million transacted last week in 1,064 deals.
In the Bonds section, a total of 32,044 units valued at N33.678 million were traded this week in 16 deals compared with a total of 43,802 units valued at N46.203 million transacted last week in 20 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.18% to close the week at 72,389.23 and N39.613 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance, NGX ASeM, NGX Oil & Gas and NGX Growth which depreciated by 0.96%, 1.04%, 0.27% and 5.23% respectively while the NGX Sovereign Bond index closed flat. ($1=N861)
GIK/APA
Financial Services Industry dominates transactions at Nigerian bourse
