A total turnover of 7.479 billion shares worth N145.429 billion in 159,487 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report trading released on Friday in Lagos on Friday showed that the figures were in contrast to a total of 3.695 billion shares valued at N129.889 billion that exchanged hands last week in 148,077 deals.
According to the report, the Financial Services Industry led the activity chart with 6.639 billion shares valued at N74.629 billion traded in 65,294 deals, while the Services Industry followed with 215.575 million shares worth N2.709 billion in 9,036 deals and the Third place was the Consumer Goods Industry, with a turnover of 125.931 million shares worth N7.334 billion in 18,857 deals.
Trading in the top three equities, namely Cornerstone Insurance Plc, Wema Bank Plc, and Guaranty Trust Holding Company Plc (measured by volume), accounted for 5.268 billion shares worth N48.964 billion in 9,663 deals, contributing 70.43% and 33.67% to the total equity turnover volume and value respectively.
A total of 409,292 units valued at N26.539 million were traded this week in 639 deals compared with a total of 206,880 units valued at N28.016 million transacted last week in 651 deals
In the Bonds section, a total of 13,515 units valued at N13.322 million were traded this week in 17 deals compared with a total of 336,046 units valued at N282.928 million transacted last week in 24 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.98% to close the week at 154,126.46 and N97.829 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX AFR Div Yield, NGX MERI Growth, NGX Oil and Gas, NGX Sovereign Bond and NGX Commodity Indices which appreciated by 0.73%, 1.01%, 0.30%, 0.50%, and 0.15% respectively. ($1=N1465)
GIK/APA