EQUITY
The Nigerian Exchange Limited, NGX ended this week’s trading activities on positive, having gained in three (3) of five (5) trading sessions this week, marking its first week of gain in the month of June.
Specifically, the NGX All-Share Index and Market Capitalization appreciated by 0.55% to close the week at 53,201.38 and N28.681 trillion respectively.
A total turnover of 1.831 billion shares worth N19.494 billion in 21,723 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 28.736 billion shares valued at N209.060 billion that exchanged hands last week in 23,688 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.173 billion shares valued at N12.485 billion traded in 10,657 deals; thus contributing 64.07% and 64.04% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 419.100 million shares worth N607.703 million in 1,095 deals. The third place was The Consumer Goods Industry, with a turnover of 69.680 million shares worth N2.754 billion in 3,158 deals.
Trading in the top three equities namely FBN Holdings Plc, Transnational Corporation Plc and United Bank for Africa Plc (measured by volume) accounted for 1.136 billion shares worth N8.323 billion in 2,906 deals, contributing 62.08% and 42.70% to the total equity turnover volume and value respectively.
Twenty-nine (29) equities appreciated in price during the week, lower than Thirty-six (36) equities in the previous week. Thirty-six (36) equities depreciated in price, lower than forty five (45) equities in the previous week, while ninety-one (91) equities remained unchanged higher than seventy-five (75) equities recorded in the previous week.
All other indices finished lower with the exception of the NGX 30, NGX CG, NGX Premium, NGX MERI Value, NGX Oil/Gas, NGX Lotus II and NGX Industrial Goods index which appreciated at 0.84%, 0.01%, 1.42%,0.32%, 0.68%, 1.62% and 0.25% while, the NGX Asem index closed flat.
ETP
A total of 2,110 units valued at N168,181.21 were traded this week in 21 deals compared with a total of 43,648 units valued at N987,351.25 transacted last week in 24 deals.
BONDS
A total of 126,082 units valued at N129.123 million were traded this week in 14 deals compared with a total of 20,402 units valued at N21.440 million transacted last week 10 deals.
Hauwa Abu
