A total turnover of 1.137 billion shares worth N10.812 billion (about $26 million) in 23,471 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released by the Nigerian Exchange on Friday in Lagos showed that the figures were in contrast to a total of 1.289 billion shares valued at N13.546 billion that exchanged hands last week in 22,118 deals.
It added that the Financial Services Industry led the activity chart with 798.246 million shares valued at N6.732 billion traded in 12,904 deals, while the Conglomerates Industry followed with 155.154 million shares worth N228.975 million in 917 deals.
The third place was the Consumer Goods Industry, with a turnover of 45.341 million shares worth N1.013 billion in 2,819 deals.
Trading in the top three equities namely Fidelity Bank Plc, Transnational Corporation Of Nigeria Plc, and Zenith Bank Plc accounted for 454.800 million shares worth N2.551 billion in 4,587 deals, contributing 40.01% and 23.60% to the total equity turnover volume and value respectively.
According to the report, a total of 76,043 units valued at N1.251 million were traded this week in 31 deals compared with a total of 4,448 units valued at N478,868.63 transacted last week in 23 deals.
In the Bonds section, a total 21,314 units valued at N22.012 million were traded this week in 12 deals compared with a total of 35,517 units valued at N39.252 million transacted last week in 16 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.45% to close the week at 46,631.46 and N25,139 trillion respectively.
All other indices finished higher with the exception of NGX 30, NGX Insurance, NGX Consumer Goods, NGX Lotus II, NGX Industrial Goods, and NGX Sovereign bond indices, which depreciated by 0.43%, 0.21%, 0.35%, 1.40%, 0.42% and 0.05% respectively While NGX Asem, and NGX Growth indices closed flat. ($1=N410)
GIK/APA