APA – Lagos (Nigeria)
A total turnover of 1.963 billion shares worth N33.899 billion ($73.693m) in 30,827 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 3.029 billion shares valued at N33.626 billion that exchanged hands last week in 29,505 deals.
It added that the Financial Services Industry (measured by volume) led the activity chart with 1.463 billion shares valued at N18.028 billion traded in 15,593 deals, while the Conglomerates Industry followed with 111.180 million shares worth N371.360 million in 1,590 deals.
The third place was the Consumer Goods Industry, with a turnover of 106.594 million shares worth N2.544 billion in 4,641 deals.
According to the report, trading in the top three equities namely United Bank for Africa Plc, Access Holdings Plc and Zenith Bank Plc, accounted for 800.611 million shares worth N11.751 billion in 7,351 deals, contributing 40.78% and 34.66% to the total equity turnover volume and value respectively.
A total of 16,176 units valued at N5.118 million were traded this week in 86 deals compared with a total of 2.909 million units valued at N55.710 million transacted last week in 44 deals.
In the Bonds section, a total of 12,837 units valued at N12.608 million were traded this week in 16 deals compared with a total of 126,110 units valued at N130.953 million transacted last week in 18 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.51% to close the week at 52,973.88 and N28.845 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Industrial Goods and NGX Growth which depreciated by 0.70% and 1.33% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat ( $1=N460)
GIK/APA
Nigerian bourse trades 1.963bn shares worth over $73m
