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Oriental News Nigeria
Home»Banking & Finance»Capital Market»NSE Records Higher Turn-Over Deal Worth N28.918Bn
Capital Market

NSE Records Higher Turn-Over Deal Worth N28.918Bn

By orientalnewsngDecember 14, 2014No Comments1 Min Read
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By Yemisi Izuora-Lagos

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A turnover of 1.810 billion shares worth N28.918 billion in 20,677 deals were traded last week by investors on the floor of The Exchange in contrast to a total of 1.526 billion shares valued at N24.992 billion that exchanged hands in the previous week in 21,344 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.370 billion shares valued at N13.783 billion traded in 11,742 deals; thus contributing 75.69% and 47.66% to the total equity turnover volume and value respectively. The Consumer goods Industry followed with a turnover of 137.115 million shares worth N9.368 million in 3,583 deals. The third place was occupied by the Conglomerates Industry with 93.133 million shares worth N567.167 million in 1,256 deals.

Trading in the Top Three Equities namely- Guaranty Trust Bank Plc, FBN Holdings Plc and Diamond Bank Plc (measured by volume) accounted for 624.388 million shares worth N9.188 billion in 5,090 deals, contributing 34.50% and 31.77% to the total equity turnover volume and value respectively.

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featured NSE Records Higher Turn-Over Deal Worth N28.918Bn
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