A total turnover of 2.094 billion shares worth N52.967 billion in 64,612 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 1.183 billion shares valued at N28.868 billion that exchanged hands last week in 42,397 deals.
The report stated that the Financial Services led the activity chart with 1.539 billion shares valued at N36.353 billion traded in 36,013 deals, while the Agriculture industry followed with 98.884 million shares worth N 1.344 billion in 2,772 deals.
Third place was the Services Industry, with a turnover of 93.000 million shares worth N522.147 million in 3,012 deals.
According to the report, trading in the top three equities namely Access Holdings Plc, Guaranty Trust Holding Company Plc and Zenith Bank Plc (measured by volume) accounted for 629.327 million shares worth N25.820 billion in 12,742 deals, contributing 30.06% and 48.75% to the total equity turnover volume and value respectively.
It added that a total of 111,693 units valued at N6.115 million were traded this week in 83 deals compared with a total of 13,089 units valued at N1.498 million transacted last week in 46 deals.
In the Bonds section, a total of 144,487 units valued at N151.615 million were traded this week in 100 deals compared with a total of 24,720 units valued at N25.967 million transacted last week in 17 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.90% and 0.67% to close the week at 104,563.34 and N65.707 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Growth and Sovereign Bond Indices, which appreciated by 0.37% and 3.42% respectively while the NGX AseM index closed flat. ($1=1626)
GIK/APA