A total turnover of 8.029 billion shares worth ₦185.358 billion in 160,836 deals was traded this week by investors on the floor of the Nigerian Exchange.
According to the capital market report of trading on Friday, the figures were in contrast to a total of 2.829 billion shares valued at ₦208.407 billion that exchanged hands last week in 192,158 deals.
The report stated that the Financial Services Industry led the activity chart with 4.854 billion shares valued at ₦95.790 billion traded in 72,047 deals, while the Agriculture Industry followed with 2.243 billion shares worth ₦22.777 billion in 5,884 deals.
The third place was the Consumer Goods Industry, with a turnover of 260.996 million shares worth ₦11.887 billion in 20,779 deals.
Trading in the top three equities, namely Linkage Assurance Plc, Livestock Feeds Plc and First Holdco Plc, accounted for 5.831 billion shares worth ₦76.060 billion in 9,544 deals, contributing 72.63% and 41.03% to the total equity turnover volume and value respectively.
A total of 1.212 million units valued at ₦278.965 million were traded this week in 3,351 deals compared with a total of 1.458 million units valued at ₦381.820 million, transacted last week in 4,085 deals.
In the Bonds section, a total of 156,612 units valued at ₦177.879 million were traded this week in 41 deals compared with a total of 21.993 million units valued at ₦20.601 billion transacted last week in 48 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.36% to close the week at 252,269.16 and ₦163.796 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Banking, NGX AFR Bank Value, NGX MERI Growth, NGX Consumer Goods and NGX Growth index which depreciated by 0.06%, 0.21%, 0.49%, 0.13%, 0.55% and 1.92%.
GIK/APA