A total turnover of 1.387 billion shares worth N52.023 billion in 33,411 deals was traded this three-day trading week by investors on the floor of the Nigerian Exchange.
The Federal Government of Nigeria declared Wednesday December 25 and Thursday December 26, 2024, as Public Holidays to commemorate the Christmas Celebrations.
The weekly report released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 2.536 billion shares valued at N91.382 billion that exchanged hands last week in 51,406 deals.
According to the report, the Financial Services Industry led the activity chart with 881.646 million shares valued at N17.774 billion traded in 14,968 deals, while the Oil and Gas industry followed with 103.763 million shares worth N12.438 billion in 4,554 deals.
Third place was the Services Industry, with a turnover of 98.622 million shares worth N482.169 million in 1,998 deals.
Trading in the top three equities namely United Bank for Africa Plc, Universal Insurance Plc and Zenith Bank Plc (measured by volume) accounted for 294.032 million shares worth N8.117 billion in 3,834 deals, contributing 21.20% and 15.60% to the total equity turnover volume and value respectively.
It added that a total of 82,096 units valued at N5.442 million were traded this week in 60 deals compared with a total of 72,498 units valued at N7.598 million transacted last week in 95 deals. S/N Security Deals Volume Value
In the Bonds section, a total of 31,816 units valued at N32.278 million were traded this week in 12 deals compared with a total of 74,104 units valued at N74.259 million transacted last week in 33 deals with a total of 72,498 units valued at N7.598 million transacted last week in 95 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.99% to close the week at 102,133.30 and N61.912 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Oil and Gas which depreciated by 0.12% while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N1S35)
GIK/APA