A total turnover of 2.679 billion shares worth N49.017 billion in 47,451 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of the Exchange released on Friday in Lagos showed that the figures were in contrast to a total of 3.393 billion shares valued at N52.304 billion that exchanged hands last week in 44,814 deals.
It added that the Financial Services Industry led the activity chart with 1.982 billion shares valued at N31.985 billion traded in 23,467 deals, while the Oil and Gas Industry followed with 229.680 million shares worth N7.441 billion in 4,021 deals.
The third place was the ICT Industry, with a turnover of 113.887 million shares worth N3.059 billion in 4,260 deals.
Trading in the top three equities namely Access Holdings Plc, Veritas Kapital Assurance Plc and United Bank for Africa Plc accounted for 756.035 million shares worth N10.726 billion in 6,985 deals, contributing 28.22% and 21.88% to the total equity turnover volume and value respectively. ETP
According to the report, a total of 20,375 units valued at N5.912 million were traded this week in 148 deals compared with a total of 21,051 units valued at N2.202 million transacted last week in 97 deals.
In the Bonds section, a total of 184,955 units valued at N187.759 million were traded this week in 40 deals compared with a total of 63,807 units valued at N61.528 million transacted last week in 37 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.87% to close the week at 98,592.12 and N55.978 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board and NGX Industrial Goods which depreciated by 0.09% and 3.67% respectively, while the NGX ASeM and NGX Sovereign Bond indices closed flat.
($1=N1584)
GIK/APA: