APA – Lagos (Nigeria)
A total turnover of 1.812 billion shares worth N29.299 billion were traded in 31,163 deals this week by investors on the floor of the Nigerian Exchange.
The weekly report released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 1.689 billion shares valued at N29.407 billion that exchanged hands last week in 29,477 deals.
It added that the Financial Services Industry led the activity chart with 936.685 million shares valued at N10.116 billion traded in 12,886 deals, while the Conglomerates Industry followed with 461.589 million shares worth N2.333 billion in 3,451 deals.
The third place was the Consumer Goods Industry, with a turnover of 127.310 million shares worth N5.003 billion in 5,792 deals.
According to the report, trading in the top three equities namely Transnational Corporation Plc, Fidelity Bank Plc and Access Holdings Plc accounted for 693.533 million shares worth N5.030 billion in 5,450 deals, contributing 38.26% and 17.17% to the total equity turnover volume and value respectively.
A total of 11,914 units valued at N3.980 million were traded this week in 72 deals compared with a total of 30,336 units valued at N2.039 million transacted last week in 69 deals.
In the Bonds section, a total of 103,716 units valued at N107.327 million were traded this week in 30 deals compared with a total of 292,995 units valued at N294.933 million transacted last week in 48 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.29% to close the week at 65,558.91 and N35.881 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX CG, NGX Premium, NGX Banking, NGX AFR. Bank Value, NGX MERI Value, NGX Oil & Gas, NGX Industrial Goods and NGX Growth indices which depreciated by 1.63%, 0.96% 3.57%, 1.82%, 0.71%, 1.69%, 0.01% and 1.74% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N771)
GIK/APA
Nigerian bourse trades 1.812bn shares worth over N29bn
