A total turnover of 1.703 billion shares worth N30.495 billion in 37,765 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 2.189 billion shares valued at N31.303 billion that exchanged hands last week in 39,362 deals.
It added that the Financial Services Industry led the activity chart with 1.222 billion shares valued at N15.876 billion traded in 18,782 deals, while the Oil and Gas Industry followed with 171.174 million shares worth N3.549 billion in 3,699 deals. The third place was the Consumer Goods Industry, with a turnover of 116.145 million shares worth N4.434 billion in 4,163 deals.
According to the report, trading in the top three equities namely Fidelity Bank Plc, Access Holdings Plc and Veritas Kapital Assurance Plc accounted for 583.809 million shares worth N5.740 billion in 4,733 deals, contributing 34.28% and 18.82% to the total equity turnover volume and value respectively.
A total of 20,886 units valued at N7.415 million were traded this week in 142 deals compared with a total of 23,922 units valued at N2.654 million transacted last week in 133 deals.
In the Bonds section, a total of 292,878 units valued at N294.087 million were traded this week in 27 deals compared with a total of 433,721 units valued at N439.498 million transacted last week in 9 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.08% to close the week at 99,221.14 and N56.128 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Main Board, NGX Insurance and NGX Consumer Goods which appreciated by 0.08%, 0.84% and 0.33% respectively while the NGX ASeM, NGX Industrial Goods and NGX Sovereign Bond indices closed flat. ($1=N1485)
GIK/APA
Nigerian bourse trades 1.703bn shares worth over N30.4bn
