By Yemisi Izuora-Lagos
It was another brief trading week as NSE records a turnover of 1.245 billion shares worth N15.898 billion in 12,018 deals which were traded this week by investors on the floor of The Exchange in contrast to a total of 1.860 billion shares valued at N12.760 billion that exchanged hands last week in 13,469 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.006 billion shares valued at N6.860 billion traded in 5,992 deals; thus contributing 80.78% and 43.15% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with a turnover of 117.781 million shares worth N5.345 billion in 2,459 deals. The third place was occupied by the Conglomerates Industry with 59.909 million shares worth N338.986 million in 762 deals.
Trading in the Top Three Equities namely- Royal Exchange Plc, First City Monument Bank Plc and Zenith International Bank Plc (measured by volume) accounted for 413.764 million shares worth N2.092 billion in 1,419 deals, contributing 33.24% and 13.16% to the total equity turnover volume and value respectively.
Also traded during the week were a total of 110,169 units of Exchange Traded Products (ETPs) valued at N5.949 million executed in 22 deals compared with a total of 36,241 units valued at N627,306.22 transacted last week in 15 deals
Similarly, a total of 3,720 units of FGN bonds valued at N3.904 million were executed in 7 deals this week under review. However, there was no trade recorded in bonds last week.
The NSE All-Share Index and Market Capitalization appreciated by 0.66% to close on Wednesday at 34,657.15 and N11.478 trillion respectively.
Similarly, all the indices finished higher during the week with exception of the NSE Banking Index and NSE Oil & Gas Index that shed 6.69% and 19.40% respectively.
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