The Financial Services Industry led the activity chart on the floor f the Ngerian Exchange with 899.483 million shares valued at N15.778 billion traded in 20,278 deals
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the Conglomerates Industry followed with 736.973 million shares worth N12.902 billion in 4,996 deals, while the third place was the Utilities Industry, with a turnover of 208.511 million shares worth N65.746 billion in 5,602 deals.
It added that a total turnover of 2.157 billion shares worth N108.824 billion in 51,556 deals was traded this week by investors in contrast to a total of 1.882 billion shares valued at N34.149 billion that exchanged hands last week in 48,464 deals.
Trading in the top three equities namely Transnational Corporation Plc, Transcorp Power Plc and United Bank for Africa Plc (measured by volume) accounted for 1.056 billion shares worth N78.770 billion in 12,167 deals, contributing 48.97% and 72.38% to the total equity turnover volume and value respectively.
According to the report, a total of 24,397units valued at N8.936 million were traded this week in 136 deals compared with a total of 39,238 units valued at N11.534 million transacted last week in 187 deals.
In the Bonds section, a total of 63,607 units valued at N63.432 million were traded this week in 27 deals compared with a total of 102,812 units valued at N96.120 million transacted last week in 46 deals.
Similarly, all other indices finished higher with the exception of NGX Banking, NGX Insurance, NGX AFR Bank Value, NGX MERI Growth, NGX MERI Value, NGX Consumer Goods and NGX Sovereign Bond which depreciated by 1.40%, 5.22%, 3.39%, 1.80%, 1.86%, 1.21%, and 3.06% respectively. ($1=N1594)
GIK/APA
Financial Services Industry dominates treading at Nigerian bourse
