APA – Lagos (Nigeria)
A total turnover of 3.911 billion shares worth N30.379 billion were traded in 38,536 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 2.933 billion shares valued at N47.449 billion that exchanged hands last week in 44,654 deals.
It added that the Financial Services Industry led the activity chart with 2.774 billion shares valued at N15.241 billion traded in 16,379 deals, while the Oil and Gas Industry followed with 438.508 million shares worth N5.203 billion in 6,258 deals.
The third place was the ICT Industry, with a turnover of 294.470 million shares worth N4.447 billion in 3,078 deals.
According to the report, trading in the top three equities namely Universal Insurance Plc, Oando Plc and United Bank for Africa Plc (measured by volume) accounted for 2.212 billion shares worth N8.907 billion in 7,593 deals, contributing 56.56% and 29.32% to the total equity turnover volume and value respectively.
A total of 51,116 units valued at N4.485 million were traded this week in 112 deals compared with a total of 16,562 units valued at N2.658 million transacted last week in 73 deals.
In the Bonds section, a total of 95,921 units valued at N98.305 million were traded this week in 27 deals compared with a total of 94,257 units valued at N103.270 million transacted last week in 33 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.11% to close the week at 67,324.59 and N36.847 trillion respectively.
All other indices finished higher with the exception of NGX 30, NGX Premium, NGX AFR Div Yield, NGX Lotus ll, NGX Industrial Goods, NGX Growth and NGX Pension Broad which depreciated by 0.13%, 3.45%, 1.72%, 0.12%, 4.80%, 0.36% and 0.14% respectively while the NGX ASeM index closed flat. ($1=N767)
GIK/APA
Nigerian bourse trades 3.911bn shares worth over N30bn
