A total turnover of 7.684 billion shares worth N494.126 billion in 116,645 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday in Lagos showed that the figures were in contrast to a total of 2.735 billion shares valued at N85.197 billion that exchanged hands last week in 127,284 deals.
The report added that the Financial Services Industry led the activity chart with 6.399 billion shares valued at N71.807 billion traded in 54,799 deals; while the Oil and Gas Industry followed with 730.517 million shares worth N391.364 billion in 7,059 deals.
The Third place was the Services Industry, with a turnover of 128.647 million shares worth N962.909 million in 5,863 deals.
Trading in the top three equities, namely Unity Bank Plc, Aradel Holdings Plc and Consolidated Hallmark Holdings Plc (measured by volume), accounted for 5.209 billion shares worth N404.945 billion in 2,667 deals, contributing 67.79% and 81.95% to the total equity turnover volume and value respectively.
According to the report, a total of 154,584 units valued at N23.314 million were traded this week in 222 deals compared with a total of 107,552 units valued at N15.023 million transacted last week in 261 deals.
In the Bonds section, a total of 75,196 units valued at N73.976 million were traded this week in 27 deals compared with a total of 44,730 units valued at N46.727 million transacted last week in 41 deals. The NGX All-Share Index and Market Capitalization appreciated by 0.20% and 0.24% to close the week at 142,133.03 and N89.960 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX CG, NGX Pension, NGX Insurance, NGX MERI Growth, NGX Oil and Gas, NGX Lotus II, NGX Pension Broad and NGX Commodity Indices which depreciated by 0.08%, 0.15%, 0.91%, 0.35%,1.62%, 0.52%, 0.07% and 0.91% respectively while the NGX AseM and NGX Sovereign Bond indices closed flat. ($1=N1480)
GIK/APA