APA – Lagos (Nigeria)
A total turnover of 2.423 billion shares worth N45.070 billion in 34,704 deals was traded last week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released in Lagos at the weekend showed that the figures were in contrast to a total of 2.543 billion shares valued at N38.644 billion that exchanged hands last week in 36,138 deals.
It added that the Financial Services Industry led the activity chart with 1.726 billion shares valued at N22.760 billion traded in 18,190 deals, while the Conglomerates Industry followed with 201.478 million shares worth N2.350 billion in 1,533 deals.
The third place was the Consumer Goods industry, with a turnover of 127.468 million shares worth N3.671 billion in 4,113 deals.
Trading in the top three equities namely Universal Insurance Plc, United Bank for Africa Plc and Guaranty Trust Holdings Company Plc (measured by volume) accounted for 543.315 million shares worth N10.577 billion in 3,860 deals, contributing 22.43% and 23.47% to the total equity turnover volume and value respectively.
A total of 149,237 units valued at N82.359 million were traded this week in 1,064 deals compared with a total of 43,318 units valued at N10.993 million transacted last week in 308 deals.
In the Bonds section, a total of 43,802 units valued at N46.203 million were traded this week in 20 deals compared with a total of 17,903 units valued at N18.305 million transacted last week in 14 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.17% to close the week at 71,541.74 and N39.149 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Insurance, NGX ASeM, NGX Oil & Gas, NGX Lotus II and NGX Industrial Goods which depreciated by 0.54%, 1.44%, 1.03%, 0.58%, 0.22% and 3.03% respectively while the NGX Sovereign Bond index closed flat ($1=N887)
GIK/APA
Nigerian bourse trades 2.423bn shares worth over N45bn
