A total turnover of 823.005 million shares worth N12.228 billion (about $29.101m) in 17,482 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 1.511 billion shares valued at N13.547 billion that exchanged hands last week in 20,074 deals.
It added that the Financial Services Industry led the activity chart with 561.683 million shares valued at N5.576 billion traded in 8,388 deals, while the ICT Industry followed with 91.819 million shares worth N1.478 billion in 1,532 deals. The third place was the Consumer Goods Industry, with a turnover of 42.546 million shares worth N3.396 billion in 2,639 deals.
Trading in the top three equities namely FBN Holdings Plc, E-Tranzact International Plc and United Bank for Africa Plc accounted for 323.474 million shares worth N2.520 billion in 1,457 deals, contributing 39.30% and 20.61% to the total equity turnover volume and value respectively.
According to the report, a total of 2,378 units valued at N1.531 million were traded this week in 22 deals compared with a total of 3,091 units valued at N13.063 million transacted last week in 41 deals.
In the Bonds section, a total of 78,821 units valued at N82.638 million were traded this week in 19 deals compared with a total of 80,732 units valued at N86.217 million transacted last week 38 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.59% to close the week at 49,370.62 and N26.629 trillion respectively.
Similarly, all other indices finished lower with the exception of The NGX Premium, NGX Banking, NGX-AFR Bank Value and NGX Industrial Goods Indices which appreciated by 0.12%, 0.65%, 0.07 and 0.28% while, The NGX ASeM and Growth indices closed flat. ($1=N420)
GIK/APA