A total turnover of 3.075 billion shares worth ₦254.614 billion in 287,157 deals was traded this week by investors on the floor of the Nigerian Exchange.
According to the weekly report of trading released by the NGX in Friday in Lagos, the figures were in contrast to a total of 4.964 billion shares valued at ₦207.521 billion that exchanged hands last week in 235,966 deals.
The report stated that the Financial Services Industry led the activity chart with 2.074 billion shares valued at ₦64.490 billion traded in 121,981 deals, while the Services Industry followed with 175.743 million shares worth ₦2.759 billion in 19,590 deals.
Third place was the Consumer Goods Industry, with a turnover of 133.375 million shares worth ₦12.680 billion in 30,730 deals.
Trading in the top three equities, namely Access Holdings Plc, Sterling Financial Holdings Company Plc and Jaiz Bank Plc (measured by volume), accounted for 819.234 million shares worth ₦12.247 billion in 21,809 deals, contributing 26.64% and 4.81% to the total equity turnover volume and value respectively.
It added that a total of 3.625 million units valued at ₦739.290 million were traded this week in 7,119 deals compared with a total of 3.376 million units valued at ₦583.722 million, transacted last week in 5,703 deals.
In the Bonds section, a total of 151,573 units valued at ₦160.590 million were traded this week in 34 deals compared with a total of 61,816 million units valued at ₦63.250 billion transacted last week in 32 deals.
The NGX All-Share Index and Market Capitalization depreciated by 3.59% to close the week at 235,941.27 and ₦151.327 trillion respectively.
Similarly, all other indices finished lower while NGX Sovereign Bond closed flat. ($1=N1371)
GIK/APA