A total turnover of 1.773 billion shares worth N52.867 billion in 44,713 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday in Lagos showed that the figures were in contrast to a total of 2.157 billion shares valued at N108.824 billion that exchanged hands last week in 51,556 deals.
It added that the Financial Services Industry led the activity chart with 1.136 billion shares valued at N23.185 billion traded in 19,896 deals, while the Conglomerates Industry followed with 339.390 million shares worth N5.874 billion in 3,650 deals.
The third place was the Consumer Goods Industry, with a turnover of 82.645 million shares worth N6.724 billion in 6,155 deals.
Trading in the top three equities namely Transnational Corporation Plc, Guaranty Trust Holding Company Plc and Access Holdings Plc (measured by volume) accounted for 677.439 million shares worth N17.287 billion in 7,789 deals, contributing 38.21% and 32.70% to the total equity turnover volume and value respectively.
According to the report, a total of 19,403 units valued at N8.143 million were traded this week in 79 deals compared with a total of 24,397 units valued at N8.936 million transacted last week in 136 deals.
In the Bonds section, a total of 229,700 units valued at N241.474 million were traded this week in 31 deals compared with a total of 63,607 units valued at N63.432 million transacted last week in 27 deals.
The NGX All-Share Index and Market Capitalization appreciated by 3.71% to close the week at 105,085.25 and N59.416 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Oil and Gas and NGX Sovereign Bond which depreciated by 0.11% and 3.12% respectively. ($1=N1613)
GIK/APA