A total turnover of 7.619 billion shares worth ₦637.826 billion in 192,138 deals was traded this week by investors on the floor of the Nigerian Exchange (NGX).
According to the daily report of trading on the NGX released on Friday in Lagos by the NGX, the figures were in contrast to a total of 2.024 billion shares valued at ₦110.773 billion that exchanged hands last week in 173,113 deals.
The report stated that the Financial Services Industry led the activity chart with 6.990 billion shares valued at ₦573.492 billion traded in 85,998 deals, while the Consumer Goods Industry followed with 164.650 million shares worth ₦7.201 billion in 20,297 deals.
The Third place was the Services Industry, with a turnover of 93.278 million shares worth ₦1.567 billion in 9,932 deals.
Trading in the top three equities, namely First Holdco Plc, Guaranty Trust Holding Company Plc and United Bank for Africa Plc accounted for 6.096 billion shares worth ₦544.438 billion in 27,001 deals.
It added that a total of 1.346 million units valued at ₦512.142 million were traded this week in 4,472 deals compared with a total of 1.128 million units valued at ₦244.251 million, transacted last week in 3,298 deals.
In the Bonds section, a total of 2.294 million units valued at ₦2.195 billion were traded this week in 56 deals compared with a total of 234,682 units valued at ₦226.306 million transacted last week in 65 deals.
The NGX All-Share Index and Market Capitalization appreciated by 2.86% to close the week at 254,299.49 and ₦165.114 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX CG, NGX Banking, NGX Insurance, NGX Consumer Goods, NGX Growth and NGX Commodity indices which depreciated by 0.11%, 1.70%, 3.42%, 2.13%, 0.02%, 1.02% and 0.38% respectively. ($1=N1346)
GIK/APA