APA – Lagos (Nigeria)
The Financial Services Industry led the activity chart with 1.458 billion shares valued at N14.082 billion (about $30.613) traded in 13,115 deals on the floor of the Nigerian Exchange in the four-day trading week.
The Federal Government of Nigeria declared Monday, May 1, 2023 as Public Holidays to mark the Workers’ Day celebration.
The weekly report of trading released on Friday in Lagos showed that the Conglomerates Industry followed with 1.254 billion shares worth N3.123 billion in 1,662 deals, while the third place was the Consumer Goods Industry, with a turnover of 71.425 million shares worth N1.468 billion in 3,177 deals.
It added 
that a total turnover of 2.973 billion shares worth N22.828 billion in 23,765 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 14.029 billion shares valued at N59.007 billion that exchanged hands last week in 24,048 deals.
Trading in the top three equities namely Transnational Corporation Plc, Access Holdings Plc and Fidelity Bank Plc, accounted for 2.074 billion shares worth N11.297 billion in 5,966 deals, contributing 69.76% and 49.49% to the total equity turnover volume and value respectively.
According to the report, a total of 19,259 units valued at N2.737 million were traded this week in 44 deals compared with a total of 2,385 units valued at N643,140.13 transacted last week in 39 deals.
In the Bonds section, a total of 49,861 units valued at N51.972 million were traded this week in 11 deals compared with a total of 23,782 units valued at N23.592 million transacted last week in 15 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.12% to close the week at 52,465.31 and N28.568 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX 30, MERI Growth, and NGX Growth which depreciated by 0.61%, 0.32%, 0.62%, and 8.96% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N460)
GIK/APA