January 28, (THEWILL) – The NGX All-Share Index and Market Capitalization appreciated by 8.32% to close the week at 102,401.88 and N56.038 trillion respectively
A total turnover of 2.981 billion shares worth N57.873 billion in 67,962 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 5.179 billion shares valued at N77.797 billion that exchanged hands last week in 79,012 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.863 billion shares valued at N26.774 billion traded in 29,276 deals; thus contributing 62.50% and 46.26% to the total equity turnover volume and value respectively. The Conglomerates
Industry followed with 309.432 million shares worth N5.201 billion in 5,882 deals. The third place was the Oil and Gas Industry, with a turnover of 259.223 million shares worth N4.892 billion in 5,658 deals.
Trading in the top three equities namely Transnational Corporation Plc, United Bank for Africa Plc and Sterling Financial Holdings Company Plc (measured by volume) accounted for 686.291 million shares worth N12.943 billion in 9,490 deals, contributing 23.02% and 22.36% to the total equity turnover volume and value respectively.
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