The NSE’s All-Share Index and Market Capitalization appreciated by 1.11 per cent to close the week at 39,156.28 and N20.409 trillion respectively. This is coming even as civil society groups gave notice of protest against the June 12, 1993 elections.
Similarly, all other indices finished higher with the exception of NSE Insurance, NSE ASeM and NSE Sovereign Bond, which depreciated by 4.12 per cent, 2.00 per cent and 1.45 per cent, respectively, while the NSE Growth Index closed flat.
Meanwhile, a total turnover of 1.058 billion shares, worth N12.831 billion in 17,854 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.082 billion shares, valued at N9.548 billion that exchanged hands last week in 17,933 deals.
The Financial Services Industry (measured by volume) led the activity chart with 714.677 million shares valued at N5.951 billion traded in 9,718 deals; thus contributing 67.53 per cent and 46.38 per cent to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 97.181 million shares, worth N3.297 billion in 3,006 deals. The third place was ICT Industry, with a turnover of 75.987 million shares, worth N583.715 million in 679 deals.
Trading in the top three equities namely: Zenith Bank Plc, Sterling Bank Plc and Fidelity Bank Plc (measured by volume), accounted for 261.344 million shares, worth N2.712 billion in 2,862 deals, contributing 24.70 per cent and 21.13 per cent to the total equity turnover volume and value respectively.
Thirty-five (35) equities appreciated in price during the week, higher than thirty-three (33). In the previous week. Thirty-six (36) equities depreciated in price higher than thirty-three (33) equities in the previous week, while eighty-nine (89) equities remained unchanged, lower than ninety-four (94) equities recorded in the previous week.
