NGX trades N1.021 billion shares for the week

Ekene Okafor

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A total turnover of 1.021 billion shares worth N14.145 billion in 17,565 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.006 billion shares valued at N10.330 billion that exchanged hands last week in 17,165 deals.
The Financial Services Industry (measured by volume) led the activity chart with 721.728
million shares valued at N5.995 billion traded in 8,709 deals; thus contributing 70.70% and
42.38% to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 99.083 million shares worth N2.395 billion in 3,703 deals. The third place was ICT Industry, with a turnover of 72.718 million shares worth N3.407 million in 643 deals.
Trading in the top three equities namely Guaranty Trust Holding Company Plc, Wema Bank
Plc and Zenith Bank Plc (measured by volume) accounted for 213.871 million shares worth
N3.818 billion in 3,023 deals, contributing 20.95% and 26.99% to the total equity turnover
volume and value respectively.
ETP
A total of 13,050 units valued at N930,262.30 were traded this week in 17 deals compared with a total of 101,876 units valued at N1.732 million transacted last week in 19 deals.
BONDS
A total of 61,298 units valued at N61.267 million were traded this week in 26 deals compared with a total of 216,675 units valued at N215.720 million transacted last week in 44 deals.
Meanwhile, during the course of the week, the Exchange has notified trading License Holders  that the Twenty-Five Billion Naira (N25,000,000,000.00); 5-years 6.25% Series one (1) Fixed Rate Subordinated Unsecured Bonds due 2025 under the Coronation MB Funding SPV Plc’s One Hundred Billion Naira (N100,000,000,000.00) Bond Issuance Program was listed on the Nigerian Exchange Limited on Wednesday, 30 June 2021.
In a statement, The NGX said “the Market and Investing Public are notified that additional units of the Federal Government of Nigeria (FGN) Bonds issued in May and June 2021 were listed on the Nigerian Exchange Limited
on Friday, 2 July 2021″.
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