A total turnover of 822.404 million shares worth N10.366 billion in 20,643 deals was traded this week by investors on the floor of the Nigerian Exchange.
According to the report of transactions released on Friday in Lagos by the Nigerian Exchange, the figures were in contrast to a total of 1.348 billion shares valued at N24.487 billion that exchanged hands last week in 22,155 deals.
The report added that the Financial Services Industry led the activity chart with 491.270 million shares valued at N 4.499 billion traded in 9,961 deals, while The Conglomerates Industry followed with 81.698 million shares worth N218.285 million in 605 deals.
The third place was The Consumer Goods Industry, with a turnover of 55.052 million shares worth N855.318 million in 3,093 deals.
Trading in the top three equities namely Guaranty Trust Holding Company Plc, United Bank for Africa Plc and Transnational Corporation Plc accounted for 244.025 million shares worth N2.680 billion in 3,732 deals, contributing 29.67% and 25.86% to the total equity turnover volume and value respectively.
A total of 5,099 units valued at N267,772.87 were traded this week in 17 deals compared with a total of 7,158 units valued at N1.537 million transacted last week in 17 deals.
In the Bonds section, a total of 156,646 units valued at N158.716 million were traded this week in 41 deals compared with a total of 163,232 units valued at N167.460 million transacted last week 32 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.53% and 0.50% to close the week at 51,557.41 and N27.803 trillion respectively.
Similarly, all other indices finished lower with the exception of the NGX AFR bank value Index which appreciated at 0.38%, while, the NGX ASeM and NGX Sovereign Bond Indices closed flat. ($1=N410)
GIK/APA