A total turnover of 3.950 billion shares worth ₦201.312 billion in 359,642 deals was traded this week by investors on the floor of the Nigerian Exchange.
According to the weekly report of transactions released on Friday in Lagos by the NGX, the figures were in contrast to a total of 8.761 billion shares valued at ₦267.253 billion that exchanged hands last week in 193,473 deals.
The report stated that the Financial Services Industry led the activity chart with 2.881 billion shares valued at ₦102.259 billion traded in 139,093 deals: while the ICT Industry followed with 230.539 million shares worth ₦45.172 billion in 52,669 deals.
The third place was the Agriculture Industry, with a turnover of 191.927 million shares worth ₦6.626 billion in 16,471 deals.
Trading in the top three equities, namely Wema Bank Plc, Access Holdings Plc and UnitedBank for Africa Plc accounted for 1.448 billion shares worth ₦43.191 billion in 28,436 deals, contributing 36.65% and 21.45% to the total equity turnover volume and value respectively.
A total of 9.905 million units valued at ₦1.598 billion were traded this week in 13,610 deals compared with a total of 6.793 million units valued at ₦649.504 million, transacted last week in 4,236 deals.
In the Bonds section, a total of 224,310 units valued at ₦226.446 million were traded this week in 46 deals compared with a total of 25,552 units valued at ₦25.912 million transacted last week in 8 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.12% to close the week at 200,913.06 and ₦128.969 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Main Board, NGX Insurance, NGX AFR Div Yield, NGX Oil & Gas, NGX Lotus II, NGX Growth and NGX Commodity which appreciated by 1.53%, 2.22%, 1.36%, 1.93%, 1.61% 2.31% and 2.77% respectively while the NGX Sovereign Bond index closed flat. ($1=N1384)
GIK/APA