It was another four-day trading week as the Federal Government of Nigeria declared Monday 18th of April 2022 (Easter Monday) as Public Holiday in commemoration of the 2022 Easter celebrations.
Meanwhile, a total turnover of 1.302 billion shares worth N17.813 billion in 20,212 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.247 billion shares valued at N22.372 billion that exchanged hands last week in 23,406 deals.
The Financial Services Industry (measured by volume) led the activity chart with 836.781 million shares valued at N6.007 billion traded in 9,527 deals; thus contributing 64.28% and 33.72% to the total equity turnover volume and value respectively. The Oil and Gas Industry followed with 86.909 million shares worth N1.243 billion in 1,770 deals. The third place was The Consumer Goods Industry, with a turnover of 86.286 million shares worth N2.225 billion in 3,056 deals.
Trading in the top three equities namely Fidelity Bank Plc, Zenith Bank Plc and Universal Insurance Plc (measured by volume) accounted for 279.507 million shares worth N2.627 billion in 2,504 deals, contributing 21.47% and 14.75% to the total equity turnover volume and value respectively.
The to close the week at 48,459.65 and N26.125 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance, which depreciated at 0.05% while NGX Asem, NGX Afr. bank value and NGX Growth indices closed flat.