A total turnover of 2.630 billion shares worth N26.900 billion (about $65.609m) were traded in 20,848 deals this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday in Lagos by the Nigerian exchange showed that the figures were in contrast to a total of 1.278 billion shares valued at N17.340 billion that exchanged hands last week in 21,052 deals.
It added that the Financial Services Industry led the activity chart with 2.234 billion shares valued at N21.449 billion traded in 11,482 deals, while the Services Industry followed with 157.089 million shares worth N695.798 million in 465 deals.
The third place was the Consumer Goods Industry, with a turnover of 71.016 million shares worth N1.708 billion in 3,019 deals.
The report explained that trading in the top three equities namely FBN Holdings Plc, Sterling Bank Plc and C & I Leasing Plc accounted for 1.607 billion shares worth N14.751 billion in 1,646 deals, contributing 61.13% and 54.84% to the total equity turnover volume and value respectively.
According to the report, a total of 47 units valued at N208,310.73 were traded this week in 6 deals compared with a total of 13,481 units valued at N714,329.90 transacted last week in 15 deals.
In the Bonds section, a total of 32,269 units valued at N32.476 million were traded this week in 17 deals compared with a total of 3,344 units valued at N3.603 million transacted last week in 7 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.68% to close the week at 41,882.97 and N21.854 trillion respectively.
All other indices finished higher with the exception of NGX 30, NGX Premium, NGX Lotus II and NGX Industrial Goods indices which depreciated by 0.54%, 2.25%, 1.31% and 5.42% respectively while the NGX ASeM, NGX AFR Div Yield, and NGX Sovereign Bond Indices closed flat. ($1=N410)
GIK/APA