FSI remains toast of investors

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Uba Group

BY KENNETH EZE

Investors traded a total turnover of 866.544 million shares worth N12.257 billion in 17,291 deals last week on the floor of the Exchange. This is in contrast to a total of 1.610 billion shares valued at N12.586 billion that exchanged hands the preceding week in 18,622 deals.

The Financial Services Industry (measured by volume) led the activity chart with 445.324 million shares valued at N3.676 billion traded in 7,560 deals; thus contributing 51.39 per cent and 29.99 percent to the total equity turnover volume and value respectively.

The Consumer Goods Industry followed with 119.649 million shares worth N4.969 billion in 3,424 deals.

The third place was ICT, with a turnover of 87.132 million shares worth N1.938 billion in 924 deals.

Trading in the top three equities namely Honeywell Flour Mill Plc, Transnational Corporation of Nigeria Plc and Guaranty Trust Holding Company Plc (measured by volume) accounted for 203.753 million shares worth N 1.964 billion in 2,515 deals, contributing 23.51 per cent and 16.02 per cent to the total equity turnover volume and value respectively.

ETP

A total of 1.001 million units valued at N16.762 million were traded last week in 14 deals compared with a total of 28,938 units valued at N949,074.38 transacted in the previous week in 13 deals.

BONDS

A total of 30,877 units valued at N31.842 million were traded last week in 14 deals compared with a total of 139,062 units valued at N139.702 million transacted the week before in 19 deals.