A total turnover of 2.765 billion shares worth N85.230 billion in 40,796 deals was traded last week by investors on the floor of the Nigerian Exchange.
The weekly report released on Sunday in Lagos by the Exchange showed that the figures were in contrast to a total of 2.259 billion shares valued at N31.166 billion that exchanged hands last week in 42,851 deals.
The Financial Services Industry led the activity chart with 1.892 billion shares valued at N24.326 billion traded in 21,447 deals, while the Agriculture Industry followed with 388.212 million shares worth N1.539 billion in 1,865 deals.
The third place was the Utilities Industry, with a turnover of 121.608 million shares worth N50.613 billion in 627 deals.
According to the report, trading in the top three equities namely Fidelity Bank Plc, Ellah Lakes Plc and Guaranty Trust Holding Company Plc (measured by volume) accounted for 1.335 billion shares worth N16.052 billion in 4,562 deals, contributing 48.29% and 18.83% to the total equity turnover volume and value respectively.
A total of 34,257 units valued at N4.415 million were traded this week in 97 deals compared with a total of 1.418 million units valued at N51.743 million transacted last week in 98 deals.
In the Bonds section, a total of 44,558 units valued at N40.993 million were traded this week in 20 deals compared with a total of 84,668 units valued at N78.881 million transacted last week in 34 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.35% and 0.25% to close the week at 99,671.28 and N56.441 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX AFR Bank Value, NGX AFR Div Yield, NGX Oil and Gas, NGX Lotus II, NGX Industrial Goods and NGX Growth which appreciated by 1.54%, 2.18%, 1.38% 0.43%, 0.05% and 2.77% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1= N1560)
GIK/APA
Nigerian bourse trades 2.765bn shares worth over N85bn
