A total turnover of 2.414 billion shares worth N55.512 billion in 80,988 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 3.051 billion shares valued at N98.350 billion that exchanged hands last week in 72,535 deals.
It added that the Financial Services Industry led the activity chart with 1.398 billion shares valued at N24.039 billion traded in 31,919 deals, while the Services industry followed with 247.303 million shares worth N1.165 billion in 6,277 deals and the third place was the Consumer Goods Industry, with a turnover of 153.776 million shares worth N3.939 billion in 8,405 deals.
Trading in the top three equities namely Sterling Financial Holdings Company Plc, Access Holdings Plc and Secure Electronic Technology Plc (measured by volume) accounted for 455.469 million shares worth N5.273 billion in 6,654 deals, contributing 18.87% and 9.50% to the total equity turnover volume and value respectively.
According to the report, a total of 48,850 units valued at N19.310 million were traded this week in 95 deals compared with a total of 53,950 units valued at N5.104 million transacted last week in 58 deals
In the Bonds section, a total of 77,290 units valued at N70.809 million were traded this week in 47 deals compared with a total of 37,219 units valued at N28.751 million transacted last week in 42 deals. The NGX All-Share Index and Market Capitalization appreciated by 2.00% and 2.78% to close the week at 108,053.95 and N67.418 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Banking, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth, NGX Consumer Goods and NGX Oil and Gas which depreciated by 0.79%, 0.24%, 0.39%, 1.26%, 1.03%, 3.63% and 2.30% respectively while the NGX Sovereign Bond index closed flat. ($1=1515)
GIK/APA