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EQUITY
The Nigerian Exchange Limited, NGX, ended the trading week bullish, having gained in all five trading sessions this week.
Consequently, the All-Share Index and Market Capitalisation appreciated by 2.95% to close the week at 54,213.09 and N29.528 trillion respectively.
A total turnover of 3.789 billion shares worth N27.500 billion in 20,333 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 756.769 million shares valued at N13.653 billion that exchanged hands last week in 18,248 deals.
Trading in the top three equities namely Universal Insurance Plc, Guaranty Trust Holding Company Plc and Zenith Bank Plc, when measured by volume, accounted for 3.048 billion shares worth N4.653 billion in 2,674 deals, contributing 80.45% and 16.92% to the total equity turnover volume and value respectively.
Fifty-five (55) equities appreciated in price during the week, higher than forty-four (44) equities in the previous week.
Twenty-seven (27) equities depreciated in price lower than twenty-nine (29) in the previous week, while Seventy-five (75) equities remained unchanged, lower than eighty-four (84) equities recorded in the previous week.
Sectorally, the Financial Services Industry, when measured by volume, led the activity chart with 3.461 billion shares valued at N7.182 billion traded in 8,978 deals; thus contributing 91.35% and 26.12% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 78.306 million shares worth N210.522 million in 746 deals. The third place was the Consumer Goods Industry, with a turnover of 54.009 million shares worth N1.923 billion in 3,405 deals.
Similarly, all other indices finished higher with the exception of NGX Consumer Goods index which depreciated by 0.42%, while the NGX ASeM and NGX Sovereign Bond indices closed flat.
ETP
A total of 1.082 million units valued at N11.738 million were traded this week in 62 deals compared with a total of 3,892 units valued at N785,073.87 transacted last week in 38 deals
BONDS
A total of 31,683 units valued at N32.251 million were traded this week in 35 deals compared with a total of 29,711 units valued at N29.901 million transacted last week in 27 deals.
