A total turnover of 944.293 million shares worth N22.710 billion in 18,615 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 3.789 billion shares valued at N27.500 billion that exchanged hands the previous week in 20,333 deals.
The Financial Services Industry (measured by volume) led the activity chart with 634.086 million shares valued at N6.442 billion traded in 8,540 deals; thus contributing 67.15% and 28.37% to the total equity turnover volume and value respectively. The Consumer Goods
Industry followed with 78.603 million shares worth N2.218 billion in 2,993 deals.
The third place was the Conglomerates Industry, with a turnover of 59.564 million shares worth N110.109 million in 788 deals.
Trading in the top three equities namely Guaranty Trust Holding Company Plc, Universal Insurance Plc and Transnational Corporation Plc. (measured by volume) accounted for 269.288 million shares worth N2.999 billion in 1,845 deals, contributing 28.52% and 13.21%
to the total equity turnover volume and value respectively.
Twenty-four (24) equities appreciated in price during the week, lower than fifty-five (55) equities in the previous week. Forty-five (45) equities depreciated in price higher than twenty-seven (27) in the previous week, while eighty-eight (88) equities remained
unchanged, higher than seventy-five (75) equities recorded in the previous week.
The NGX All-Share Index and Market Capitalization appreciated by 0.21% to close the week at 54,327.30 and N29.591 trillion respectively.
About the Author
Anthony Awunor, is a business correspondent who holds a Bachelor of Arts Degree in Linguistics (UNILAG). He is also an alumnus of the Nigerian College of Aviation Technology (NCAT), Zaria Kaduna State. He lives in Lagos.
