The NGX All-Share Index and Market Capitalization appreciated by 0.22% to close the week at 65,198.08 and N35.480 trillion respectively
A total turnover of 2.575 billion shares worth N29.615 billion in 37,713 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 2.854 billion shares valued at N37.645 billion that exchanged hands in the previous week in 41,547 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.921 billion shares valued at N16.514 billion traded in 17,689 deals; thus contributing 74.60% and 55.76% to the total equity turnover volume and value respectively.
The Conglomerates
Industry followed with 160.206 million shares worth N625.021 million in 1,811 deals. The third place was the Oil and Gas Industry, with a turnover of 152.046 million shares worth N1.332 billion in 2,403 deals.
Trading in the top three equities namely AIICO Insurance Plc, FCMB Group Plc and Transnational Corporation Plc (measured by volume) accounted for 636.217 million shares worth N1.737 billion in 2,751 deals, contributing 24.71% and 5.86% to the total equity turnover volume and value respectively.
Meanwhile, the Naira appreciated to N743.07 at the I&E window on Friday against N776.50 it traded on Thursday, with a turnover of $121.08 million compared with $44.43 million the previous day. Parallel market closed at N877/$.
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