Financial services industry leads activity chart this week

Salamatu Ejembi ,Lagos

A total turnover of 2.737 billion shares worth N32.042 billion in 32,217 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.100 billion shares valued at N29.180 billion that exchanged hands last week in 33,677deals.

The Financial Services Industry, when measured by volume, led the activity chart with 2.189 billion shares valued at N21.792 billion traded in 18,832 deals; thus contributing 79.98% and 68.01% to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 287.945 million shares worth N621.772 million in 2,031deals. The third place was occupied by Consumer Goods Industry with a turnover of 114.832 million shares worth N5.370 billion in 5,040 deals.

Trading in the Top Three Equities namely – Access Bank Plc, Zenith International Bank Plc and Transnational Corporation of Nigeria Plc, when measured by volume, accounted for 918.046 million shares worth N10.324 billion in 5,809 deals, contributing 33.53% and 32.22% to the total equity turnover volume and value respectively.

ETPs
Also traded during the week were a total of 16,300 units of Exchange Traded Products (ETPs) valued at N973,376.00 executed in 3 deals compared with a total of 40.317 million units valued at N178.841 million transacted last week in 12 deals.

BONDS
A total of  12,193 units of  Federal Government Bonds valued at N12.440 million were traded this week in 14 deals, compared with a total of 10,860 units valued at N10.196 million transacted last week in 10 deals.

INDEX MOVEMENT
The NSE All-Share Index and Market Capitalization appreciated by 1.60% and 1.63% to close the week at 33,810.56 and N11.692 trillion respectively.

Similarly, all other Indices finished higher during the week with the exception of the NSE ASeM , NSE Oil/Gas, NSE Lotus II and NSE Industrial Goods Indices that depreciated by 0.32%, 4.20%, 0.71%, and 0.28% respectively.

SUMMARY OF PRICE CHANGES
Thirty-eight (38) equities appreciated in price during the week, lower than fifty-nine (59) equities of the previous week.

Forty-two (42) equities depreciated in price, higher than twenty-one (21) equities of the previous week, while ninety-three (93) equities remained unchanged same as ninety-three (93) equities recorded in the preceding week.

Top 10 Price Gainers
MAY & BAKER NIGERIA PLC, SKYE BANK PLC, CEMENT CO. OF NORTH.NIG. PLC, TRANSNATIONAL CORPORATION OF NIGERIA PLC, ASHAKA CEM PLC, UNILEVER NIGERIA PLC, OKOMU OIL PALM PLC, PRESCO PLC, UNITY BANK PLC0 and FIDSON HEALTHCARE PLC.

Top 10 Price Decliners
INTERNATIONAL BREWERIES PLC, FORTE OIL PLC., LEARN AFRICA PLC, CHAMPION BREW. PLC, CUSTODIAN AND ALLIED PLC, DIAMOND BANK PLC, MOBIL OIL NIG PLC, CUTIX PLC, DANGOTE SUGAR REFINERY PLC and N.E.M INSURANCE CO (NIG) PLC.

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