A total turnover of 965.061 million shares worth N12.455 billion (about $30.378 million) were traded in 14,802 deals this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released by the Nigerian Exchange on Friday in Lagos showed that the figures were in contrast to a total of 1.317 billion shares valued at N15.330 billion that exchanged hands last week in 18,292 deals.
It added that the Financial Services Industry led the activity chart with 574.223 million shares valued at N4.861 billion traded in 7,794 deals, while the Conglomerates Industry followed with 246.783 million shares worth N 2.065 billion in 382 deals.
The third place was the Consumer Goods Industry, with a turnover of 30.307 million shares worth N1.669 billion in 2,157 deals.
According to the report, trading in the top three equities namely UACN Plc, FBN Holdings Plc, and Sovereign Trust Insurance Plc accounted for 378,555 million shares worth N3.266 billion in 14,802 deals, contributing 39.23% and 26.22 % to the total equity turnover volume and value respectively.
A total of 48,161 units valued at N587,154.04 were traded this week in 15 deals compared with a total of 20 units valued at N231.30 transacted last week in 2 deals.
In the Bonds section, a total of 12,047 units valued at N11.512 million were traded this week in 12 deals compared with a total of 15,560 units valued at N15.985 million transacted last week in 11 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.21% and 0.21% to close the week at 42,262.85 and N22.060 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Main Board, NGX Banking, NGX Insurance, NGX AFR Div Yield, NGX MERI Growth, NGX Consumer Goods and NGX Industrial Goods Index which appreciated by 0.44%, 0.10%, 1.85%, 0.15%, 0.56%, 0.78% and 0.43% respectively while the NGX ASeM, NGX Growth and NGX Sovereign Bond Indices closed flat. ($1=N410).
GIK/APA