APA – Lagos (Nigeria)
A total turnover of 2.410 billion shares worth N22.115 billion in 27,965 deals was traded this week by investors on the floor of the Nigerian Exchange in the four-day trading week.
The Federal Government of Nigeria declared Monday, October 2, 2023 as Public Holiday to commemorate the 2023 Independence Day celebration.
The weekly report of trading released on Friday in Lagos by the Nigerian Exchange showed that the figures were contrast to a total of 1.339 billion shares valued at N17.916 billion that exchanged hands last week in 27,874 deals.
It added that the Financial Services Industry led the activity chart with 1.261 billion shares valued at N9.660 billion traded in 12,897 deals, while the Healthcare Industry followed with 667.197 million shares worth N1.092 billion in 437 deals.
The third place was the Oil and Gas Industry, with a turnover of 162.005 million shares worth N1.778 billion in 2,612 deals.
According to the report, trading in the top three equities namely Neimeth International Pharmaceutical Plc, Universal Insurance Plc and Fidelity Bank Plc (measured by volume) accounted for 1.213 billion shares worth N2.322 billion in 1,095 deals, contributing.
A total of 898,301units valued at N25.895 million were traded this week in 107 deals compared with a total of 19,020 units valued at N2.007 million transacted last week in 91 deals.
In the Bonds section, a total of 46,199 units valued at N46.064 million were traded this week in 23 deals compared with a total of 80,697 units valued at N82.919 million transacted last week in 15 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.11% and 0.49% to close the week at 66,454.57 and N36.510 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX CG, NGX Premium NGX Insurance, NGX Lotus ll, NGX Industrial Goods, NGX Growth and NGX Sovereign Bond which depreciated by 0.23%, 4.90%, 3.11%, 0.60%, 1.38%, 1.55% and 0.02% respectively while the NGX ASeM and NGX Oil and Gas indices closed flat. ($1=N761)
GIK/APA
Nigerian bourse trades 2.410bn shares worth over N22bn
