A total turnover of 1.482 billion shares worth N38.875 billion in 44,795 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 6.468 billion shares valued at N75.745 billion that exchanged hands last week in 48,804 deals.
It added that the Financial Services Industry led the activity chart with 1.068 billion shares valued at N19.820 billion traded in 21,001 deals, while the Oil and Gas Industry followed with 103.143 million shares worth N11.351 billion in 8,200 deals.
Third place was the Consumer Goods Industry, with a turnover of 77.198 million shares worth N2.845 billion in 4,266 deals.
Trading in the top three equities namely Access Holdings Plc, United Capital Plc and United Bank for Africa Plc accounted for 433.794 million shares worth N10.274 billion in 8,790 deals, contributing 29.27% and 26.43% to the total equity turnover volume and value respectively.
According to the report, a total of 64,852 units valued at N7.918 million were traded this week in 77 deals compared with a total of 41,335 units valued at N19.916 million transacted last week in 115 deals.
In the Bonds section, a total of 17,905 units valued at N15.387 million were traded this week in 19 deals compared with a total of 171,066 units valued at N159.609 million transacted last week in 41 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.50% to close the week at 97,722.28 and N59.215 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Oil and Gas and NGX Industrial Goods which depreciated by 0.29% and 0.20% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N1658)
GIK/APA