APA – Lagos (Nigeria)
A total turnover of 2.474 billion shares worth N53.787 billion in 35,848 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report on transaction released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 1.882 billion shares valued at N31.630 billion that exchanged hands last week in 33,020 deals.
It added that the Financial Services Industry led the activity chart with 1.756 billion shares valued at N24.641 billion traded in 17,589 deals, while the Conglomerates Industry followed with 222.963 million shares worth N1.781 billion in 2,573 deals.
The third place was the Services Industry, with a turnover of 93.820 million shares worth N528.510 million in 2,166 deals.
Trading in the top three equities namely Abbey Mortgage Bank Plc, Transnational Corporation Plc and Access Holdings Plc accounted for 621.814 million shares worth N6.338 billion in 4,235 deals, contributing 25.13% and 11.78% to the total equity turnover volume and value respectively.
According to the report, a total of 13,515 units valued at N16.978 million were traded this week in 263 deals compared with a total of 64,401 units valued at N43.102 million transacted last week in 559 deals.
In the Bonds section, a total of 3,521 units valued at N3.710 million were traded this week in 10 deals compared with a total of 32,044 units valued at N33.678 million transacted last week in 16 deals.
The NGX All-Share Index and Market Capitalization appreciated by 2.26% to close the week at 74,023.27 and N40.507 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX ASeM, NGX Consumer Goods and NGX Growth which depreciated by 0.90%, 0.70% and 0.18% respectively while the NGX Sovereign Bond index closed flat. ($1= N907)
GIK/APA
Nigerian bourse trades 2.474bn shares worth N53.787bn
