November 05, (THEWILL) – The NGX All-Share Index and market capitalization appreciated by 4.56 percent and 4.53 percent to close the week at 70,196.77 and N38.557 trillion respectively
A total turnover of 2.451 billion shares worth N40.570 billion in 37,959 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 1.446 billion shares valued at N25.418 billion that exchanged hands last week in 28,933 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.480 billion shares valued at N21.160 billion traded in 16,671 deals; thus contributing 60.39% and 52.16 percent to the total equity turnover volume and value respectively.
The Oil and Gas Industry followed with 354.911 million shares worth N1.214 billion in 2,917 deals. The third place was the ICT Industry, with a turnover of 175.216 million shares worth N8.218 billion in 3,759 deals.
Trading in the top three equities namely Japual Gold & Ventures Plc, United Bank for AfricaPlc and Fidelity Bank Plc (measured by volume) accounted for 835.584 million shares worth N8.631 billion in 5,514 deals, contributing 34.09 percent and 21.27 percent to the total equity turnover volume and value respectively.
About the Author
