EQUITY
Equities trading on the floor of the Nigerian Exchange Limited, NGX, closed for the week on Friday with the NGX All-Share Index appreciating by 13.84% to settle at 94,538.12 basis points while the Market Capitalisation appreciated by 13.85% at N51.735 trillion.
At the close of transactions on Friday, a total turnover of 5.179 billion shares worth N77.797 billion in 79,012 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 5.719 billion shares valued at N88.828 billion that exchanged hands last week in 80,064 deals.
Trading in the top three equities namely Transnational Corporation Plc, Jaiz Bank Plc and AIICO Insurance Plc, measured by volume, accounted for 1.093 billion shares worth N9.501 billion in 10,047 deals, contributing 21.09% and 12.21% to the total equity turnover volume and value respectively.
The Financial Services Industry, measured by volume, led the activity chart with 3.191 billion shares valued at N33.413 billion traded in 36,276 deals; thus contributing 61.60% and 42.95% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 473.638 million shares worth N8.185 billion in 6,325 deals. The third place was the Consumer Goods Industry, with a turnover of 460.149 million shares worth N17.484 billion in 12,550 deals.
Similarly, all other indices finished higher with the exception of NGX Banking which depreciated by 0.12% while the NGX ASeM index closed flat.
Eighty-one (81) equities appreciated in price during the week higher than seventy-five (75) equities in the previous week. Fifty-eight (58) equities depreciated in price higher than twenty-three (23) in the previous week, while sixteen (16) equities remained unchanged, lower than fifty-seven (57) recorded in the previous week.
ETP
A total of 100,213 units valued at N23.168 million were traded this week in 337 deals compared with a total of 75,890 units valued at N33.486 million transacted last week in 334 deals.
BONDS
A total of 142,409 units valued at N140.309 million were traded this week in 39 deals compared with a total of 51,246 units valued at N49.867 million transacted last week in 33 deals.
Hauwa Abu
