Investors on the floor of the Nigerian Stock Exchange (NSE) this week traded a total turnover of 3.447 billion shares worth N32.725 billion in 30,327 deals. Bringing the All-Share Index and Market Capitalization to appreciate by 2.63%, closing the week at 41,176.14 and N21.530 trillion respectively.
This is an additional 0.053 billion shares worth N12.858 billion or 64.7% when compared to last week’s total of 3.394 billion shares valued at N19.867 billion that exchanged hands in 26,808 deals.
Similarly, all other indices finished higher with the exception of NSE Growth which depreciated by 3.32% while the NSE ASeM Index closed flat.
The Financial Services Industry when measured by volume, led the activity chart with 1.714 billion shares valued at N13.352 billion traded in 15,102 deals; thus contributing 49.74% and 40.80% to the total equity turnover volume and value respectively.
The Construction/Real Estate Industry followed with 768.131 million shares worth N4.203 billion in 430 deals. The third place was the Conglomerates Industry, with a turnover of 279.799 million shares worth N578.694 million in 1,199 deals.
Trading in the top three equities namely UPDC Real Estate Investment Trust, Mutual Benefits Assurance Plc and Transnational Corporation of Nigeria Plc (measured by volume) accounted for 1.224 billion shares worth N4.459 billion in 929 deals, contributing 35.52% and 13.63% to the total equity turnover volume and value respectively.
SUMMARY OF PRICE CHANGES
Sixty (60) equities appreciated during the week, higher than fifty (50) equities in the previous week. Nineteen (19) equities depreciated in price, lower than twenty- one (21) equities in the previous week, while eighty-two (82) equities remained unchanged, lower than ninety (90) recorded in the previous week.
ETPs
A total of 413,509 units valued at N2.454 billion were traded this week in 42 deals compared with a total of 196,294 units valued at N816.553 million transacted last week in 38 deals.
BONDS
A total of 11,420 units valued at N12.325 million were traded this week in 17 deals compared with a total of 10,051 units valued at N12.591 million transacted last week in 27 deals.
Suzan O
