A total turnover of 3.680 billion shares worth N57.892 billion in 40,726 deals was traded this four-day trading 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 1.804 billion shares valued at N52.040 that exchanged hands last week in 38,550 deals.
The Federal Government of Nigeria declared Friday March 29, 2024 and Monday April 1, 2024 as Public Holidays to commemorate Easter celebration.
According to the report, the Financial Services Industry led the activity chart with 2.881 billion shares valued at N46.201 billion traded in 21,257 deals, while the Services Industry followed with 479.156 million shares worth N2.282 billion in 2,142 deals.
The third place was the Conglomerates Industry, with a turnover of 123.591 million shares worth N1.651 billion in 2,849 deals.
Trading in the top three equities namely Abbey Mortgage Bank Plc, Tourist Company of Nigeria Plc and Zenith Bank Plc accounted for 2.175 billion shares worth N20.667 billion in 2,594 deals, contributing 59.10% and 35.70% to the total equity turnover volume and value respectively.
A total of 28,431 units valued at N8.264 million were traded this week in 124 deals compared with a total of 20,189 units valued at N11.363 million transacted last week in 210 deals.
In the Bonds section, a total of 1.072 million units valued at N1.063 billion were traded this week in 32 deals compared with a total of 61,447 units valued at N60.237 million transacted last week in 27 deals.
The NGX All-Share Index and Market Capitalization depreciated by 1.08% and 1.05% to close the week at 103,437.67 and N58.498 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Consumer Goods and NGX Growth which appreciated by 0.94% and 0.32% respectively while the NGX ASeM and NGX Oil and Gas indices closed flat. ($1=N1251)
GIK/APA