FBN, Universal Insurance, Fidelity Bank top weekly trading chart

0
580

Uba Group

BY KENNETH EZE

Trading activities at the floor of the Nigerian Exchange Limited during the week ended October 8, 2021 recorded a total turnover of 2.179 billion shares worth N21.963 billion in 22,438 deals, as against a total of 2.187 billion shares valued at N16.183 billion which exchanged hands the previous week in 14,377 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.770 billion shares valued at N18.058 billion traded in 12,942 deals; thus contributing 81.20 per cent and 82.22 per cent to the total equity turnover volume and value respectively.

The Conglomerates followed with 93.178 million shares worth N169.819 million in 736 deals.

The third place was ICT Industry, with a turnover of 72.338 million shares worth N1.043 billion in 861 deals.

Trading in the top three equities namely FBN Holdings Plc, Universal Insurance Plc and Fidelity Bank Plc (measured by volume) accounted for 1.161 billion shares worth N12.338 billion in 3,460 deals, contributing 53.28 per cent and 56.18 per cent to the total equity turnover volume and value respectively.

ETP
A total of 260 units valued at N5, 362.50 were traded during the week under review in two deals compared with a total of 160,433 units valued at N52.347 transacted the week before in 23 deals.

BONDS

A total of 62,005 units valued at N65.842 million were traded in the same period in 39 deals compared with a total of 41,267 units valued at N42.568 million transacted the previous week in 17 deals.