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The Nigeria Exchange Limited, NGX ended this week’s trading activities on a positive note, despite gaining in only two of five trading sessions.
For this week, buying interest in GEREGU which gained 8.21% and UBA which increased by 2.94% drove the market’s performance.
On a week on week(w/w) basis, investors’ interest in DANGCEM (+8.84%) and BUACEMENT (+2.86%) and GEREGU (+4.35%) offset losses in SEPLAT (-8.33%), BUAFOODS (-4.12%) and MTNN (-0.51%).
Hence, the All-Share Index and Market Capitalisation appreciated by 0.81% to close the week at 44,269.18 and N24.112 trillion respectively.
While all other indices finished higher, the NGX ASeM and NGX Growth indices closed flat.
However, the NGX-Main Board depreciated by 0.44%, NGX CG by 0.27%, NGX Banking by 1.87%, NGX Pension by 0.44%, NGX Insurance by 1.35%, NGX-AFR Bank Value by 0.79%, NGX MERI Value by 0.98%, NGX Consumer Goods by 2.32%, NGX Oil & Gas by 5.37% and NGX Sovereign Bond indices by 1.36%.
Twenty (20) equities appreciated in price during the week, lower than twenty-nine (29) equities in the previous week. Forty-three (43) equities depreciated in price higher than thirty-one (31) in the previous week, while ninety-four (94) equities remained unchanged lower than ninety-seven (97) equities recorded in the previous week.
EQUITY
A total turnover of 1.410 billion shares worth N15.510 billion in 19,025 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 598.817 million shares valued at N14.234 billion that exchanged hands last week in 15,859 deals.
The Financial Services Industry (measured by volume) led the activity chart with 804.570 million shares valued at N6.300 billion traded in 9,922 deals; thus contributing 57.04% and 40.62% to the total equity turnover volume and value respectively.
The Agriculture Industry followed with 357.623 million shares worth N287.992 million in 560 deals. The third place was the Conglomerates Industry, with a turnover of 68.309 million shares worth N97.051 million in 530 deals.
Trading in the top three equities namely Access Holdings Plc, FTN Cocoa Processors Plc and Fidelity Bank Plc. (measured by volume) accounted for 800.622 million shares worthN3.373 billion in 2,051 deals, contributing 56.76% and 21.75% to the total equity turnover volume and value respectively.
ETP
A total of 4,577 units valued at N531,565.05 were traded this week in 28 deals compared with a total of 6,744 units valued at N1.725 million transacted last week in 26 deals.
BONDS
A total of 121,712 units valued at N119.220 million were traded this week in 16 deals compared with a total of 1,963 units valued at N1.736 million transacted last week 6 deals.
