A total turnover of 1.941 billion shares worth N32.644 billion in 35,807 deals was traded this four-day trading week by investors on the floor of the Nigerian Exchange,
The Federal Government of Nigeria declared Wednesday, May 1, 2024 as Public Holiday to commemorate Workers’ Day celebration.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 1.839 billion shares valued at N34.258 billion that exchanged hands last week in 37,528 deals.
It added that the Financial Services Industry led the activity chart with 1.496 billion shares valued at N22.453 billion traded in 19,225 deals, while the Consumer Goods Industry followed with 144.722 million shares worth N5.063 billion in 4,966 deals.
The third place was the Conglomerates Industry, with a turnover of 109.978 million shares worth N1.539 billion in 2,064 deals.
Trading in the top three equities namely Abbey Mortgage Bank Plc, Guaranty Trust Holdings Company Plc and Access Holdings Plc accounted for 898.940 million shares worth N14.314 billion in 5,518 deals.
According to the report, a total of 18,767 units valued at N1.664 million were traded this week in 74 deals compared with a total of 15,057 units valued at N5.112 million transacted last week in 161 deals.
In the Bonds section, a total of 54,116 units valued at N51.636 million were traded this week in 39 deals compared with a total of 52,739 units valued at N50.662 million transacted last week in 28 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.46% to close the week at 99,587.25 and N56.323 trillion respectively.
Similarly, all other indices finished higher with the exception NGX Consumer Goods, NGX Oil and Gas and NGX Industrial Goods which depreciated by 0.26%, 0.68% and 0.36% while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N1442)
GIK/APA
Nigerian bourse trades 1.941bn shares worth over N32.6bn
