A total turnover of 3.245 billion shares worth N69.198 billion in 77,270 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday by the Exchange showed that the figures were in contrast to a total of 3.132 billion shares valued at N76.552 billion that exchanged hands last week in 61,456 deals.
The report added that the Financial Services Industry led the activity chart with 1.742 billion shares valued at N32.529 billion traded in 35,372 deals while the Services industry followed with 748.205 million shares worth N1.560 billion in 5,469 deals.
Third place was the Oil and Gas Industry, with a turnover of 264.682 million shares worth N16.786 billion in 10,515 deals.
According to the report, trading in the top three equities namely Secure Electronic Technology Plc, FBN Holdings Plc and Japaul Gold and Ventures Plc, accounted for 998.467 million shares worth N6.604 billion in 4,426 deals, contributing 30.77% and 9.54% to the total equity turnover volume and value respectively.
A total of 204,935 units valued at N8.051 million were traded this week in 121 deals compared with a total of 35,261 units valued at N4.353 million transacted last week in 123 deals.935
In the Bonds section, a total of 377,375 units valued at N401.924 million were traded this week in 44 deals compared with a total of 73,260 units valued at N74.373 million transacted last week in 30 deals.
The NGX All-Share Index and Market Capitalization appreciated by 0.87% and 1.67% to close the week at 104,496.12 and N64.709 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance and NGX Industrial Goods, which depreciated by 2.86%, and 0.52% respectively while the NGX ASeM closed flat. ($1=N1508)
GIK/APA