APA – Lagos (Nigeria)
A total turnover of 1.689 billion shares worth N11.066 billion (about $24.108 million) in 14,019 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of trading released on Friday in Lagos on Friday by the Exchange showed that the figures were in contrast to a total of 853.745 million shares valued at N11.841 billion that exchanged hands last week in 18,543 deals.
It added that the Healthcare Industry led the activity chart with 1.086 billion shares valued at N1.627 billion traded in 267 deals, while the Financial Services Industry followed with 379.556 million shares worth N4.547 billion in 6,711 deals.
The third place was the Conglomerates Industry, with a turnover of 89.526 million shares worth N131.231 million in 534 deals.
Trading in the top three equities namely Neimeth International Pharmaceuticals Plc, Transnational Corporation Plc and United Bank for Africa Plc, (measured by volume) accounted for 1.248 billion shares worth N2.347 billion in 1,102 deals, contributing 73.89% and 21.21% to the total equity turnover volume and value respectively.
According to the report, a total of 6,141 units valued at N1.838 million were traded this week in 47 deals compared with a total of 6,224 units valued at N1.541 million transacted last week in 56 deals.
In the Bonds section, a total of 20,336 units valued at N20.465 million were traded this week in 20 deals compared with a total of 98,883 units valued at N94.102 million transacted last week in 31 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.04% to close the week at 54,892.53 and N29.903 trillion respectively.
All other indices finished higher with the exception of NGX Main Board, NGX 30, NGX Insurance, NGX MERI Growth, NGX Consumer Goods and NGX Industrial Goods which depreciated by 0.30%, 0.16%, 0.53%, 0.58%, 0.74%, and 0.49% respectively while the NGX ASeM, NGX Oil and Gas, NGX Growth and NGX Sovereign Bond indices closed flat. ($1=N459.98)
GIK/APA
Nigerian bourse trades 1.689b shares worth $24m
