APA – Lagos (Nigeria)
A total turnover of 2.575 billion shares worth N29.615 billion in 37,713 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 2.854 billion shares valued at N37.645 billion that exchanged hands last week in 41,547 deals.
It added that the Financial Services Industry led the activity chart with 1.921 billion shares valued at N16.514 billion traded in 17,689 deals, while the Conglomerates Industry followed with 160.206 million shares worth N625.021 million in 1,811 deals.
The third place was the Oil and Gas Industry, with a turnover of 152.046 million shares worth N1.332 billion in 2,403 deals.
According to the report, trading in the top three equities namely AIICO Insurance Plc, FCMB Group Plc and Transnational Corporation Plc accounted for 636.217 million shares worth N1.737 billion in 2,751 deals, contributing 24.71% and 5.86% to the total equity turnover volume and value respectively.
A total of 27,073 units valued at N1.335 million were traded this week in 90 deals compared with a total of 14,270 units valued at N3.252 million transacted last week in 95 deals.
In the Bonds section, a total of 143,414 units valued at N146.160 million were traded this week in 26 deals compared with a total of 29,766 units valued at N30.629 million transacted last week in 31 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.22% to close the week at 65,198.08 and N35.480 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX CG, NGX Banking, NGX AFR Bank Value, NGX MERI Growth, NGX MERI Value and NGX Oil and Gas indices which depreciated by 0.07%, 0.06% 2.13%, 1.85%, 2.43%, 0.78%, and 0.68% respectively while the NGX ASeM index closed flat.
($1=N775.355)
GIK/APA
Nigerian bourse trades 2.575bn shares worth over N29bn
