The Nigerian Exchange Limited, NGX has ended this week’s trading activities on a positive note as the All-Share Index appreciated by 2.15% to close the week at 196,968.15 while the Market Capitalisation increased by 2.16% to settle at ₦126.437 trillion.
Similarly, all other indices finished higher with the exception of NGX Insurance, NGX MERI Value, NGX Consumer Goods, NGX Growth and NGX Sovereign Bond which depreciated by 1.88%, 0.01%, 0.09%, 15.31% and 3.01% respectively.
EQUITY
A total turnover of 3.695 billion shares worth ₦177.687 billion in 370,980 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 5.494 billion shares valued at ₦196.709 billion that exchanged hands last week in 370,233 deals.
The Financial Services Industry, when measured by volume, led the activity chart with 2.444 billion shares valued at ₦72.029 billion traded in 145,628 deals: thus contributing 66.14% and 40.54% to the total equity turnover volume and value respectively.
The Oil and Gas Industry followed with 326.073 million shares worth ₦39.510 billion in 36,458 deals. Third place was the Services Industry, with a turnover of 218.374 million shares worth ₦2.012 billion in 18,575 deals.
Trading in the top three equities, namely Jaiz Bank Plc, Fortis Global Insurance Plc and Access Holdings Plc (measured by volume), accounted for 661.242 million shares worth ₦8.062 billion in 38,534 deals, contributing 17.90% and 4.54% to the total equity turnover volume and value respectively.
Forty-four (44) equities appreciated in price during the week, higher than thirty-two (32) equities in the previous week. Fifty-eight (58) equities depreciated in price, lower than sixty-nine (69) equities in the previous week, while forty-six (46) equities remained unchanged, lower than forty-seven (47) recorded in the previous week.
ETP
A total of 3.800 million units valued at ₦548.240 million were traded this week in 4,487 deals compared with a total of 3.603 million units valued at ₦409.595 million, transacted last week in 4,115 deals.
BONDS
A total of 30,180 units valued at ₦29.456 million were traded this week in 26 deals compared with a total of 579,488 units valued at ₦585.173 million transacted last week in 44 deals.