Equities benchmark index appreciates by 1.12%

Chiamaka Ikechukwu

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Business activities on the Nigerian Exchange Group Limited, NGX ended upbeat on Friday as the All-Share Index and Market Capitalization of listed equities appreciated by 1.12% to close at 67,200.69 and N36.920 trillion respectively.

READ ALSO: NGX equities index appreciates by 0.05%

Similarly, all other indices finished higher with the exception of NGX CG, NGX Banking, NGX AFR Bank Value, NGX MERI Growth and NGX Sovereign Bond which depreciated by 0.16%, 0.78%, 0.94%, 0.32% and 0.56% respectively while the NGX Premium and NGX ASeM indices closed flat.

 

A total turnover of 1.470 billion shares worth N24.431 billion in 29,683 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 2.410 billion shares valued at N22.115 billion that exchanged hands last week in 27,965 deals.

The Financial Services Industry when measured by volume led the activity chart with 929.631 million shares valued at N12.948 billion traded in 13,626 deals; thus contributing 63.25% and 53.00% to the total equity turnover volume and value respectively. The Healthcare Industry followed with 171.236 million shares worth N334.792 million in 452 deals.

The third place was the Oil and Gas Industry, with a turnover of 90.156 million shares worth N5.099 billion in 2,769 deals.

 

Trading in the top three equities namely Access Holdings Plc, Neimeth International
Pharmaceutical Plc and Fidelity Bank Plc as measured by volume accounted for 502.843 million shares worth N4.388 billion in 3,117 deals, contributing 34.21% and 17.96% to the total equity turnover volume and value.

Investors witnessed profit-taking activities as 38 equities appreciated in price during the week lower than 40 equities
in the previous week , 33 equities depreciated in price lower than 36 in the previous week, while 86 equities remained unchanged, higher than 79 recorded in the previous week.

ETP
At the ETP segment of the market, a total of 13,290 units valued at N3.526 million were traded this week in 108 deals compared with a total of 898,301units valued at N25.895 million transacted last week in 107 deals.

BONDS
In the Bonds market, a total of 52,703 units valued at N54.688 million were traded this week in 32 deals compared with a total of 46,199 units valued at N46.064 million transacted last week in 23 deals.

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