A total turnover of 1.785 billion shares worth N19.614 billion (about $47.839m) were traded in 27,822 deals this week by investors on the floor of the Nigerian Exchange.
According to the report of transactions released on Friday in Lagos by the Nigerian Exchange, the figures were in contrast to a total of 1.448 billion shares valued at N19,080 billion that exchanged hands last week in 22,557 deals.
The report added that the Financial Services Industry led the activity chart with 1.094 billion shares valued at N10.506 billion traded in 13,580 deals, while the Conglomerates Industry followed with 144.172 million shares worth N253.262 million in 1,077 deals.
The third place was The ICT Industry, with a turnover of 122.193 million shares worth N1.719 billion in 1,661 deals.
Trading in the top three equities namely Fidelity Bank Plc, Transnational Corporation Of Nigeria Plc, Guaranty Trust Holding Company Plc, (measured by volume) accounted for 415.095 million shares worth N3.205 billion 3,556 deals, contributing 23.25% and 16.34% to the total equity turnover volume and value respectively.
A total of 24,350 units valued at N574,834.85 were traded this week in 38 deals compared with a total of 7,900 units valued at N1.831 million transacted last week in 38 deals.
In the Bonds section, a total of 61,682 units valued at N63.308 million were traded this week in 8 deals compared with a total of 57,971 units valued at N59.256 million transacted last week in 15 deals.
The NGX All-Share Index and Market Capitalization appreciated by 2.33% to close the week at 47,279.92 and N25.477 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance and NGX Consumer Goods indices, which depreciated by 1.93% and 0.81% while the NGX ASem, and NGX Sovereign bond indices closed flat. ($1=N410)
GIK/APA