Trading activities on the flour of the Nigerian Exchange Group Limited, NGX ended on a positive trajectory this week.
The NGX All-Share Index and Market Capitalization appreciated by 4.56% and 4.53% to lose the week at 70,196.77 and N38.557 trillion respectively.
Similarly, all other indices finished higher while the NGX ASeM and NGX Oil and Gas indices losed flat.
A total turnover of 2.451 billion shares worth N40.570 billion in 37,959 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.446 billion shares valued at N25.418 billion that exchanged hands last week in 28,933 deals.
The Financial Services Industry when measured by volume led the activity chart with 1.480 billion shares valued at N21.160 billion traded in 16,671 deals; thus contributing 60.39% and 52.16% to the total equity turnover volume and value respectively.
The Oil and Gas Industry followed with 354.911 million shares worth N1.214 billion in 2,917 deals. The third place was
the ICT Industry, with a turnover of 175.216 million shares worth N8.218 billion in 3,759 deals.
Trading in the top three equities namely Japual Gold & Ventures Plc, United Bank for Africa Plc and Fidelity Bank Plc when measured by volume accounted for 835.584 million shares worth N8.631 billion in 5,514 deals, contributing 34.09% and 21.27% to the total equity turnover volume and value.
On price gain, 63 equities appreciated in price during the week higher than thirty-nine 39 equities in the previous week.
On the flipside, 29 equities depreciated in lower than 42 in the previous week, while 64 equities remained unchanged, lower 76 recorded in the previous week.
Etp
In this segment of the market, a total of 33,418 units valued at N2.915 million were traded this week in 117 deals compared with a total of 20,749 units valued at N1.353 million transacted last week in 75 deals.
Bonds
In the bonds market a total of 33,049 units valued at N30.954 million were traded this week in 42 deals compared with a total of 42,264 units valued at N39.006 million transacted last week in 31deals.
Olusola Akintonde
