Trading at the Nigerian Stock Exchange ended the week with a total turnover of 1.081 billion shares worth N12.014 billion exchanged by investors in 16,246 transactions. A contrast to a total of 759.266 million shares valued at N14.038 billion that exchanged hands last week in 16,209 deals.
The NSE All-Share Index and Market Capitalization both depreciated by 1.17% to close the week at 27,306.81 and N13.307 trillion respectively.
The Financial Services industry (measured by volume) led the activity chart with 900.334 million shares valued at N9.076 billion traded in 8,693 deals; thus contributing 83.30% and 75.54% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 51.224 million shares worth N64.388 million in 897 deals. The third place was Consumer Goods Industry with a turnover of 40.906 million shares worth N946.210 million in 3,090 deals.
Trading in the Top Three Equities namely, Sterling Bank Plc., Guaranty Trust Bank Plc. and Access Bank Plc. (measured by volume) accounted for 511.856 million shares worth N6.133 billion in 2,074 deals, contributing 47.36% and 51.05% to the total equity turnover volume and value respectively.
A total of 18,100 units of Federal Government Bonds valued at N20.049 million were traded this week in 8 deals compared with a total of 433,774 units valued at N445.318 million transacted last week in 16 deals.
Similarly, all other indices finished lower with the exception of NSE Industrial Goods index which appreciated by 1.32% while NSE ASeM index closed flat. (See summary of Index movements in the table below).
Twelve (12) equities appreciated in price during the week, lower than Thirty-two (32) equities in the previous week. Forty-three (43) equities depreciated in price, higher than Twenty-seven (27) equities in the previous week, while one hundred and thirteen (113) equities remained unchanged, higher that one hundred and nine (109) equities recorded in the preceding week