A total turnover of 1.675 billion shares worth N23.541 billion (about $76.432m) were traded in 21,732 deals this week by investors on the floor of the Nigerian Exchange Stock (NSE).
The weekly report of transactions released on Friday in Lagos by the MSE showed that the figures were in contrast to a total of 2.092 billion shares valued at N29.744 billion that exchanged hands last week in 24,238 deals.
It added that the Financial Services Industry led the activity chart with 1.200 billion shares valued at N10.272 billion traded in 12,518 deals while the Consumer Goods Industry followed with 110.564 million shares worth N3.577 billion in 3,234 deals.
The third place was the Industrial Goods Industry, with a turnover of 99.761 million shares worth N5.322 billion in 1,309 deals.
Trading in the top three equities namely United Bank for Africa Plc, FBN Holdings Plc and Zenith Bank Plc accounted for 524.548 million shares worth N5.957 billion in 5,346 deals.
According to the report, a total of 217,600 units valued at N3.699 million were traded this week in 6 deals compared with a total of 56,069 units valued at N411.581 million transacted last week in 12 deals.
In Bonds section, a total of 9,192 units valued at N10.671 million were traded this week in 6 deals compared with a total of 4,550 units valued at N4.857 million transacted last week in 8 deals.
The NSE All-Share Index and Market Capitalization depreciated by 1.74% to close the week at 38,648.48 and N20.221 trillion respectively.
Similarly, all other indices finished lower with the exception of NSE Mainboard, NSE Insurance, NSE ASeM, NSE MERI Growth, NSE Consumer Goods and NSE Oil/Gas Indices, which rose by 0.37%, 2.84%, 0.12%, 0.24%, 2.18 and 0.59%, while the NSE Sovereign Bond Index closed flat. ($1=N380):
GIK/APA