By Alex Chiejina
LAGOS (Sundiata Post) – A turnover of 885.367 million shares worth N5.829 billion in 13,870 deals were traded last week by investors on the floor of The Nigerian Stock Exchange in contrast to a total of 8.054 billion shares valued at N13.328 billion that exchanged hands last week in 15,212 deals.
The Financial Services Industry led the activity chart with 747.817 million shares valued at N3.832 billion traded in 8,768 deals; thus contributing 84.46% and 65.73% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 45.517 million shares worth N977.579 million in 2,145 deals. The third place was occupied by the Agriculture Industry with a turnover of 32.313 million shares worth N48.460 million in 247 deals.
Trading in the Top Three Equities namely – Zenith International Bank Plc, Guaranty Trust Bank Plc and United Bank For Africa Plc. accounted for 290.319 million shares worth N3.015 billion in 3,795 deals, contributing 32.79% and 51.72 % to the total equity turnover volume and value respectively.
Also traded during the week were a total of 4,511 units of Exchange Traded Products (ETPs) valued at N1.401 million executed in 38 deals, compared with a total of 690 units valued at N572,158.80 transacted last week in 28 deals.
A total of 3,241 units of Federal Government and Corporate Bonds valued at N3.579 million were traded in 4 deals compared to a total of 28,280 units of Federal and State Government Bonds valued at N29.572 million transacted last week in 8 deals.
The NSE All-Share Index and Market Capitalization appreciated by 0.53% to close the week at 24,850.11 and N8.548 trillion respectively. Similarly, all other Indices finished higher during the week, with the exception of the NSE Consumer Goods Index, NSE Oil/Gas Index and The NSE Lotus Index that declined by 0.83%,0.73% and 0.77% respectively.
Thirty-five equities appreciated in price during the week, higher than 26 equities equities of the previous week. Thirty-two equities depreciated in price, lower than 41 equities of the previous week, while 122 equities remained unchanged same as the previous week.
The Financial Services Industry led the activity chart with 747.817 million shares valued at N3.832 billion traded in 8,768 deals; thus contributing 84.46% and 65.73% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 45.517 million shares worth N977.579 million in 2,145 deals. The third place was occupied by the Agriculture Industry with a turnover of 32.313 million shares worth N48.460 million in 247 deals.
Trading in the Top Three Equities namely – Zenith International Bank Plc, Guaranty Trust Bank Plc and United Bank For Africa Plc. accounted for 290.319 million shares worth N3.015 billion in 3,795 deals, contributing 32.79% and 51.72 % to the total equity turnover volume and value respectively.
Also traded during the week were a total of 4,511 units of Exchange Traded Products (ETPs) valued at N1.401 million executed in 38 deals, compared with a total of 690 units valued at N572,158.80 transacted last week in 28 deals.
A total of 3,241 units of Federal Government and Corporate Bonds valued at N3.579 million were traded in 4 deals compared to a total of 28,280 units of Federal and State Government Bonds valued at N29.572 million transacted last week in 8 deals.
The NSE All-Share Index and Market Capitalization appreciated by 0.53% to close the week at 24,850.11 and N8.548 trillion respectively. Similarly, all other Indices finished higher during the week, with the exception of the NSE Consumer Goods Index, NSE Oil/Gas Index and The NSE Lotus Index that declined by 0.83%,0.73% and 0.77% respectively.
Thirty-five equities appreciated in price during the week, higher than 26 equities equities of the previous week. Thirty-two equities depreciated in price, lower than 41 equities of the previous week, while 122 equities remained unchanged same as the previous week.
