A total turnover of 3.821 billion shares worth ₦154.393 billion in 258,567 deals was traded this week by investors on the floor of the Nigerian Exchange (NGX).
The weekly report of trading released on Friday in Lagos by the NGX showed that the figures were in contrast to a total of 2.324 billion shares valued at ₦134.486 billion that exchanged hands last week in 249,328 deals.
The report stated that the Financial Services Industry led the activity chart with 2.330 billion shares valued at ₦54.606 billion traded in 108,978 deals, while the Services Industry followed with 509.473 million shares worth ₦16.353 billion in 16,527 deals.
The third place was the Consumer Goods Industry, with a turnover of 216.344 million shares worth ₦8.057 billion in 25,963 deals.
Trading in the top three equities, namely Sterling Financial Holdings Company Plc, Access Holdings Plc and Ikeja Hotel Plc accounted for 1.405 billion shares worth ₦28.370 billion in 12,898 deals, contributing 36.78% and 18.37% to the total equity turnover volume and value respectively.
According to the report, a total of 3.602 million units valued at ₦622.404 million were traded this week in 6,081 deals compared with a total of 3.017 million units valued at ₦643.966 million, transacted last week in 6,615 deals.
In the Bonds section, a total of 171,214 units valued at ₦180.178 million were traded this week in 54 deals compared with a total of 185,340 units valued at ₦191.483 million transacted last week in 36 deals.
The NGX All-Share Index and Market Capitalization depreciated by 1.21% to close the week at 229,240.34 and ₦147.103 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Main Board which appreciated by 2.27%. ($1=N1370)
GIK/APA