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Transactions on equities trading on the floor of the Nigerian Exchange Group LImited, NGX ended bullish this week as major market indices All-Share Index and Market Capitalisation inched up by 0.20% and 0.26% to close the week at 65,325.37 and N35.572 trillion.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX AFR. Div. Yield, NGX MERI Growth, NGX Consumer Goods, NGX Oil & Gas, NGX Lotus II, and NGX Industrial Goods indices which depreciated by 0.10%, 1.60% 0.40%, 0.92%, 0.32%, 0.09%, and 0.39% respectively while the NGX ASeM index closed flat.
A total turnover of 1.741 billion shares worth N25.087 billion in 30,652 deals was traded thisweek by investors on the floor of the Exchange, in contrast to a total of 2.575 billion shares valued at N29.615 billion that exchanged hands last week in 37,713 deals.
The Financial Services Industry when measured by volume led the activity chart with 1.244 billion shares valued at N12.616 billion traded in 13,398 deals; thus contributing 71.43% and 50.29% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 133.034 million shares worth N575.673 million in 1,572 deals.
The third place was the ICT Industry, with a turnover of 87.649 million shares worth N2.292 billion in 2,404 deals.
Trading in the top three equities namely Sterling Financial Holdings Company Plc, FBN Holdings Plc, and Universal Insurance Plc when measured by volume accounted for 518.847 million shares worth N3.917 billion in 1,901 deals, contributing 29.80% and 15.61% to the total equity turnover volume and value respectively.
On price movement and profit-taking activities, 41 equities appreciated in price during the week lower than 42
equities in the previous week while 44 equities depreciated in price lower than 52 in the previous week; then 70 equities remained unchanged, higher than
62 recorded in the previous week.
ETP
In this segment of the market, a total of 70,841 units valued at N2.863 million were traded this week in 85 deals compared with a total of 27,073 units valued at N1.335 million transacted last week in 90 deals.
BONDS
In the bonds segment of the market, a total of 133,413 units valued at N142.419 million were traded this week in 38 deals compared with a total of 143,414 units valued at N146.160 million transacted last week in 26 deals.
