A total turnover of 1.525 billion shares worth N43.006 billion in 51,156 deals was traded this four-day trading week by investors on the floor of the Nigerian Exchange (NGX).
The market opened for four trading days this week as the Federal Government of Nigeria declared Friday 18th April and Monday 21st April 2025 as Public Holidays to commemorate 2025 Easter celebration.
According to the weekly report of transactions released on Thursday in Lagos by the NGX showed that the figures were in contrast to a total of 2.094 billion shares valued at N52.967 billion that exchanged hands last week in 64,612 deals.
The Financial Services led the activity chart with 1.122 billion shares valued at N24.015 billion traded in 28,818 deals; while The ICT industry followed with 101.252 million shares worth N 4.819 billion in 2,541 deals and the Third place was the Services Industry, with a turnover of 99.776 million shares worth N1.230 billion in 3,063 deals.
It added that trading in the top three equities namely Access Holdings Plc, Fidelity Bank Plc and Universal Insurance Plc (measured by volume) accounted for 448.105 million shares worth N6.730 billion in 6,481 deals, contributing 29.39% and 15.65% to the total equity turnover volume and value respectively.
A total of 19,814 units valued at N3.572 million were traded this week in 62 deals compared with a total of 111,693 units valued at N6.115 million transacted last week in 83 deals
In Bonds section, a total of 81,759 units valued at N84.283 million were traded this week in 27 deals compared with a total of 144,487 units valued at N151.615 million transacted last week in 100 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.32% to close the week at 104,233.81 and N65.499 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Premium, NGX Pension, NGX MERI Growth, NGX Consumer Goods, NGX Oil & Gas, NGX Lotus II, NGX Growth, NGX Sovereign Bond and NGX Pension Broad Indices, which appreciated by 0.57%, 0.42%, 2.67%, 2.33%, 0.20%, 0.16%, 0.26%, 0.39%, and 0.55% respectively while the NGX AseM and NGX Commodity indices closed flat. ($1=N1600)
GIK/APA