A total turnover of 2.449 billion shares worth N20.653 billion (about $50.373m) in 20,764 deals were traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday in Lagos showed that the figures were in contrast to a total of 2.798 billion shares valued at N23.859 billion that exchanged hands last week in 22,970 deals.
The Financial Services Industry led the activity chart with 1.810 billion shares valued at N11.556 billion traded in 11,233 deals, while The ICT Industry followed with 349.937 million shares worth N4.050 billion in 1,292 deals.
The third place was The Conglomerates Industry, with a turnover of 101.523 million shares worth N548.693 million in 1,084 deals.
According to the report, trading in the top three equities namely FCMB Group Plc, ETranzact International Plc, and Fidelity Bank Plc ccounted for 1.472 billion shares worth N5.064 billion in 1,006 deals, contributing 60.12% and 24.52% to the total equity turnover volume and value respectively.
It added that a total of 70,961 units valued at N9.123 million were traded this week in 28 deals compared with a total of 17,399 units valued at N933,567 transacted last week in 24 deals.
In the Bonds, a total of 60,695 units valued at N63.551 million were traded this week in 15 deals compared with a total of 10,306 units valued at N10.780 million transacted last week in 12 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.33% to close the week at 47,282.67 and N25,483 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Meri value, NGX lotus II and NGX Industrial Goods indices, which appreciated by 0.76%, 0.12% and 0.14% respectively While NGX Asem, NGX Growth and NGX Sovereign bond indices closed flat. ($1=N410)
GIK/APA