A total turnover of 3.588 billion shares worth ₦195.313 billion in 254,553 deals was traded this week by investors on the floor of the Nigerian Exchange (NGX).
The weekly report of transactions released on Friday in Lagos by the NGX showed that the the figures were in contrast to a total of 3.361 billion shares valued at ₦151.948 billion that exchanged hands last week in 229,442 deals.
According to the report, the Financial Services Industry led the activity chart with 2.498 billion shares valued at ₦94.005 billion traded in 111,052 deals, while the Services Industry followed with 329.034 million shares worth ₦3.452 billion in 14,050 deals.
Third place was the Oil and Gas Industry, with a turnover of 152.472million shares worth ₦42.511 billion in 19,022 deals.
Trading in the top three equities, namely Sterling Financial Holdings Company Plc, Access Holdings Plc and Zenith Bank Plc accounted for 1.038 billion shares worth ₦46.081 billion in 33,067 deals, contributing 28.92% and 23.59% to the total equity turnover volume and value respectively.
A total of 6.737 million units valued at ₦1.056 billion were traded this week in 8,588 deals compared with a total of 6.736 million units valued at ₦1.097 billion, transacted last week in 10,156 deals.
In the Bonds section, a total of 314,033 units valued at ₦318.559 million were traded this week in 39 deals compared with a total of 185,584 units valued at ₦193.445 million transacted last week in 26 deals.
The NGX All-Share Index and Market Capitalization appreciated by 6.57% and 6.60% to close the week at 217,167.57 and ₦139.827 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance and NGX Growth which depreciated by 0.04% and 0.99% respectively. ($1=N1342)
GIK/APA