BY KENNETH EZE, ABUJA
Investors traded a total turnover of 1.290 billion shares worth N13.921 billion in 16,745 deals on the floor of the Nigerian Exchange Limited, in the week ended September 24, 2021 in contrast to a total of 856.289 million shares valued at N10.752 billion that exchanged hands in the previous week in 15,663 deals.
The NGX in its weekly market report, stated, “The Financial Services Industry (measured by volume) led the activity chart with 978.172 million shares valued at N8.300 billion traded in 8,716 deals; thus contributing 75.80 per cent and 59.62 per cent to the total equity turnover volume and value respectively.”
The Consumer Goods Industry followed with 62.006 million shares worth N1.187 billion in 2,546 deals.
The third place went to the Conglomerates Industry, with a turnover of 49.055 million shares worth N126.288 million in 589 deals.
Trading in the top three equities namely FBN Holdings Plc, United Bank for Africa Plc and Guaranty Trust Holding Company Plc (measured by volume) accounted for 626.958 million shares worth N5.766 billion in 2,526 deals, contributing 48.58 per cent and 41.42 per cent to the total equity turnover volume and value respectively.
A total of 9,728 units valued at 437,821.70 were traded during the week under review, in 18 deals compared with a total of 106,810 units valued at N1.852 million transacted the week earlier in 21 deals.
A total of 60,929 units valued at N62.810 million were traded the week in review, in 27 deals compared with a total of 51,261 units valued at N52.911 million transacted the previous week in 26 deals.
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