A total turnover of 1.326 billion shares, worth N14.086 billion, were traded last week in 14,703 deals, as against a total of 1.096 billion shares, valued at N17.859 billion that exchanged hands, in the previous week when 16,070 deals were transacted.
The Financial Services Industry led the activity chart with1.060 billion shares, valued at N7.339 billion, traded in 8,202 deals; thus contributing 79.95 per cent and 52.10 per cent to the total equity turnover volume and value, respectively.
The Industrial Goods Industry followed with 91.351 million shares, worth N2.784 billion in 933 deals. The third place was occupied by Consumer Goods Industry, with a turnover of 70.187 million shares, worth N3.395 billion in 2,719 deals.
Trading in the Top Three Equities namely–Continental Reinsurance Plc, Sterling Bank Plc, and Access Bank Plc accounted for 412.840 million shares, worth N1.486 billion, in 817 transactions, thus contributing 31.14 per cent and 10.55 per cent to the total equity turnover volume and value, respectively.
Also traded during the week were a total of 274 units of Exchange Traded Products, valued at N636, 147.90, which were executed in 18 deals, compared with a total of 58 units valued at N90, 475.00 transacted last week in five deals.
However, a total of 7,424 units of Federal Government Bonds, valued at N6.689 million, were traded last week in 18 deals, compared with a total of 178 units, valued at N163,407.05, transacted last week in two
deals.
The NSE’s All-Share Index and market capitalisation depreciated by 0.14 per cent to close the week at 35,439.98 and N12.217 trillion, respectively. Similarly, all other indices finished lower during the week with the exception of NSE Premium, NSE Banking, NSE Insurance, NSE Oil/Gas, NSE Lotus II and NSE Pension indices that appreciated by 0.94 per cent, 1.17 per cent, 0.61 per cent, 0.52 per cent, 0.03 per cent, and 0.24 per cent respectively.
Conversely, 32 equities appreciated in price during the week, higher than the 25 recorded in the previous week. Thirty-two equities depreciated in price, lower than 35 equities of the previous week, while 107 equities remained unchanged, lower than 111 equities recorded in the preceding week.