A total turnover of 940.892 million shares worth N11.494 billion (About $28.034m) in 20,077 deals was traded this four-day trading week by investors on the floor of the Nigerian Exchange.
The market opened for four trading days this week as the Federal Government of Nigeria Declared Monday 13th June 2022 as a public holiday to commemorate the 2022 Democracy Day celebration.
The weekly report of transactions released on Friday by the Exchange showed that the figures were in contrast to a total of 1.831 billion shares valued at N19.494 billion that exchanged hands last week in 21,723 deals.
It added that the Financial Services Industry led the activity chart with 692.325 Million shares valued at N6.220 billion traded in 10,615 deals, while the Conglomerates Industry followed with 89.872 million shares worth N 246.063 million in 764 deals.
The third place was the Consumer Goods Industry, with a turnover of 54.227 million shares worth N1.232 billion in 2,923 deals.
Trading in the top three equities namely United Bank for Africa Plc , Sterling Bank Plc and Transnational Corporation Plc accounted for 304.837 million shares worth N1.285 billion in 2,103 deals.
A total of 2,722 units valued at N1.519 million were traded this week in 10 deals compared with a total of 2,110 units valued at N168,181.21 transacted last week in 21 deals.
In the Bonds section, a total of 5,972 units valued at N6.091 million were traded this week in 8 deals compared with a total of 126,082 units valued at N129.123 million transacted last week 14 deals.
The NGX All-Share Index and Market Capitalization depreciated by 2.68% to close the week at 51,778.08 and N27.914 trillion respectively.
Similarly, all other indices finished lower with the exception of the NGX Growth index which appreciated at 2.79%, while, the NGX Asem index closed flat. ($1=N410)
GIK/APA