APA – Lagos (Nigeria)
A total turnover of 2.425 billion shares worth N22.665 billion in 33,230 deals was traded this week by investors on the floor of the Exchange.
The weekly report of transactions released on Friday in Lagos showed that the figures were in contrast to a total of 2.025 billion shares valued at N27.693 billion that exchanged hands last week in 32,763 deals.
It added that the Financial Services Industry led the activity chart with 1.721 billion shares valued at N11.647 billion traded in 14,585 deals, while the Services Industry followed with 185.692 million shares worth N424.729 million in 2,816 deals and the third place was the ICT Industry, with a turnover of 139.865 million shares worth N4.440 billion in 2,971 deals.
Trading in the top three equities namely Universal Insurance Plc, Veritas Kapital Assurance Plc, and Unity Bank Plc (measured by volume) accounted for 809.400 million shares worth N492.625 million in 2,005 deals, contributing 33.38% and 2.17% to the total equity turnover volume and value respectively.
According to the report, a total of 135,257 units valued at N22.336 million were traded this week in 509 deals compared with a total of 36,548 units valued at N4.610 million transacted last week in 95 deals.
In the Bonds section, a total of 3,613 units valued at N3.714 million were traded this week in 10 deals compared with a total of 87,570 units valued at N80.851 million transacted last week in 54 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.17% to close the week at 71,230.48 and N39.173 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Pension, NGX MERI Growth, NGX Consumer Goods and NGX Lotus II which depreciated by 0.38%, 1.15%, 0.53% and 0.02% respectively, while the NGX ASeM, NGX Oil & Gas and NGX Sovereign Bond indices closed flat. ($1=N838)
GIK/APA
Nigerian bourse trades 2.425bn shares worth over N22bn
