A total turnover of 3.393 billion shares worth N52.304 billion in 44,814 deals was traded this week by investors on the floor of the Nigerian Exchange.
The weekly report of transactions released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 3.557 billion shares valued at N47.220 billion that exchanged hands last week in 42,871 deals.
The report added that the Financial Services Industry led the activity chart with 2.875 billion shares valued at N36.995 billion traded in 23,791 deals, while the Oil and Gas Industry followed with 141.927 million shares worth N6.698 billion in 4,476 deals.
The third place was the Consumer Goods Industry, with a turnover of 97.306 million shares worth N4.047 billion in 4,179 deals.
Trading in the top three equities namely Fidelity Bank Plc, United Bank for Africa Plc and Zenith Bank Plc accounted for 2.099 billion shares worth N28.215 billion in 7,603 deals, contributing 61.87% and 53.94% to the total equity turnover volume and value respectively.
According to the report, a total of 21,051 units valued at N2.202 million were traded this week in 97 deals compared with a total of 81,047 units valued at N7.433 million transacted last week in 141 deals.
In the Bonds section, a total of 63,807 units valued at N61.528 million were traded this week in 37 deals compared with a total of 20,856 units valued at N20.993 million transacted last week in 20 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.46% and 0.19% to close the week at 97,745.73 and N55.497 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Main Board, NGX Insurance, NGX ASeM and NGX Oil and Gas which appreciated by 0.01%, 1.59%, 5.26% and 4.27% respectively, while the NGX Sovereign Bond indices closed flat. ($1=N1600)
GIK/APA
Nigerian burse trades 3.393bn shares worth over N52bn
