A total turnover of 3.875 billion shares worth ₦161.757 billion in 334,745 deals was traded this week by investors on the floor of the Nigerian Exchange (NGX) in contrast to a total of 7.772 billion shares valued at ₦374.040 billion that exchanged hands last week in 402,945 deals.
According to the weekly report of transactions released on Friday in Lagos, the Financial Services Industry led the activity chart with 2.410 billion shares valued at ₦69.712 billion traded in 126,919 deals, while the Services Industry followed with 409.306 million shares worth ₦5.409 billion in 25,908 deals.
The third place was the Oil & Gas Industry, with a turnover of 294.859 million shares worth ₦31.496 billion in 26,738 deals.
Trading in the top three equities, namely Sterling Financial Holdings Company Plc, Fidelity Bank Plc and Access Holdings Plc, accounted for 1.092 billion shares worth ₦19.527 billion in 21,683 deals, contributing 28.18% and 12.07% to the total equity turnover volume and value respectively.
A total of 5.979 million units valued at ₦815.896 million were traded this week in 7,876 deals compared with a total of 7.660 million units valued at ₦1.177 billion, transacted last week in 10,018 deals.
In the Bonds section, a total of 166,770 units valued at ₦169.816 million were traded this week in 40 deals compared with a total of 290,830 units valued at ₦306.571 million transacted last week in 34 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.25% and 0.23% to close the week at 249,712.37 and ₦160.077 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX CG, NGX Premium, NGX Banking, NGX Pension, NGX AFR Bank Value, NGX MERI Growth, NGX Oil & Gas, NGX Growth and NGX Commodity which appreciated by 0.24%, 0.33%, 1.11%, 0.19%, 1.47%, 0.33%, 0.07%, 1.57% and 0.02% respectively while the NGX Sovereign Bond closed flat.
($1=N1375)
GIK/APA