December 10, (THEWILL) – The NGX All-Share Index appreciated by 0.27%, while the Market Capitalization depreciated by 0.23% to close the week at 71,419.87 and N39.082 trillion respectively.
A total turnover of 2.543 billion shares worth N38.644 billion in 36,138 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.425 billion shares valued at N22.665 billion that exchanged hands last week in 33,230 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.721 billion shares valued at N18.281 billion traded in 17,151 deals; thus contributing 67.68% and 47.30% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 200.584 million shares worth N1.546 billion in 2,073 deals. The third place was the Services industry, with a turnover of 122.025 million shares worth N376.167 million in 2,051 deals.
Trading in the top three equities namely Universal Insurance Plc, Access Holdings Plc, and Transnational Corporation Plc (measured by volume) accounted for 660.409 million shares worth N4.795 billion in 4,194 deals, contributing 25.97% and 12.41% to the total equity turnover volume and value respectively.