CAPITAL MARKETMARKETSTOP STORY

Market closes the week strong, gaining N138bn, 1.5% up

A turnover of 1.375 billion shares worth N12.940 billion in 16,915 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.361 billion shares valued at N10.711 billion that exchanged hands last week in 16,070 deals.

The NSE All-Share Index and Market Capitalization appreciated by 1.48 per cent to close the week at 27,650.32 and N9.496 trillion respectively from 27,246.88 and N9.358 trillion with which they opened the week, making investors to gain a total of N138 billion

Similarly, all other Indices finished higher during the week, with the exception of the NSE Insurance and NSE Oil and Gas Indices that shed 1.19 per cent and 3.44 per cent respectively while the NSE ASeM Index closed flat.

A total of 25 equities appreciated in price during the week, higher than 18 of the previous week; 39 equities depreciated in price, higher than 38 of the previous week, while 116 equities remained unchanged lower than 124 equities recorded in the preceding week.

The Financial Services Industry (measured by volume) led the activity chart with 1.195 billion shares valued at N8.631 billion traded in 10,365 deals; thus contributing 86.90 per cent and 66.70 per cent to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 76.489 million shares worth N154.736 million in 964 deals. The third place was occupied by the Consumer Goods Industry with a turnover of 38.048 million shares worth N1.768 billion in 2,676 deals.

Trading in the top-three equities namely – United Bank for Africa Plc, Access Bank Plc and FBN Holdings Plc (measured by volume) accounted for 559.065 million shares worth N2.452 billion in 3,690  deals, contributing 40.66 per cent and 18.95 per cent to the total equity turnover volume and value respectively.

Also traded during the week were a total of 57,828 units of Exchange Traded Products (ETPs) valued at N766,162.96 executed in 37 deals, compared with a total of 1,003 million units valued at N12.116 million transacted last week in 43 deals.

A total of 3,127 units of Federal Government Bonds valued at N3.057 million were traded in 6 deals compared to a total of 4,044 units of Federal Government Bonds valued at N4.062 million transacted last week in 6 deals.

49 thoughts on “Market closes the week strong, gaining N138bn, 1.5% up

  • I simply want to mention I am just newbie to blogging and definitely liked you’re web site. Probably I’m want to bookmark your site . You really come with impressive well written articles. Regards for sharing with us your website page.

  • I just want to tell you that I am newbie to blogs and truly liked your web page. Most likely I’m want to bookmark your blog . You definitely come with perfect well written articles. Thanks for sharing your blog site.

  • I just want to say I am newbie to weblog and absolutely savored you’re web blog. Very likely I’m likely to bookmark your blog post . You definitely come with fantastic posts. Thank you for sharing with us your web-site.

  • I simply want to tell you that I am just beginner to blogs and actually savored you’re blog site. Very likely I’m going to bookmark your blog . You surely come with remarkable articles and reviews. Thanks a bunch for revealing your web page.

  • I simply want to tell you that I’m all new to blogs and actually liked this web blog. Very likely I’m planning to bookmark your website . You actually come with terrific stories. Many thanks for revealing your blog site.

  • I simply want to say I am just beginner to weblog and certainly enjoyed your web page. Almost certainly I’m going to bookmark your blog post . You absolutely come with impressive articles and reviews. Regards for sharing with us your blog site.

  • I just want to mention I am just all new to blogging and site-building and seriously savored this blog site. Most likely I’m want to bookmark your site . You absolutely come with perfect writings. Regards for revealing your blog site.

  • I just want to mention I am newbie to blogging and site-building and absolutely savored this web blog. Very likely I’m planning to bookmark your blog . You really have superb writings. Appreciate it for sharing your web page.

  • I just want to say I am just beginner to blogging and seriously liked this web site. More than likely I’m going to bookmark your site . You surely have awesome article content. Appreciate it for sharing with us your blog.

  • I simply want to mention I’m newbie to blogs and certainly liked your blog site. Very likely I’m planning to bookmark your blog . You actually come with beneficial articles and reviews. Many thanks for revealing your web-site.

  • I simply want to tell you that I’m newbie to weblog and seriously liked you’re web page. More than likely I’m planning to bookmark your website . You really have awesome articles. Kudos for sharing your blog site.

  • I have read several good stuff here. Definitely worth bookmarking for revisiting. I surprise how much effort you put to make such a great informative site.

  • Wow in actual fact a great post. I like this.I just passed this onto a colleague who was doing a little research on that. And he actually bought me lunch because I found it for him. Overall, Lots of great information and inspiration, both of which we all need!

  • Finally someone that knows what they’re talking about.

  • 9/24/2016 Like the site– extremely easy to navigate and a lot of stuff to explore!

  • Between me and my husband we’ve owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few years I’ve settled down to one line of players. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Zunes are.

  • Usually I do not post on blogs, but I would like to say that this article really forced me to do so! Thanks, really nice article.

  • Greetings! I’ve been following your weblog for some time now and finally got the courage to go ahead and give you a shout out from Huffman Texas! Just wanted to mention keep up the good job!|

  • Intuit certified technicians call +1-844-722-6675 for technical assistance. Get support by experts. Call our toll free number today for QuickBooks Support. Supported Keywords:Quickbooks technical support | Quickbooks support | QuickBook technical support | Quickbook support | QuickBooks support contact number | Quickbooks Support Phone Number | Quickbooks Phone Support | Quickbooks Canada 2014 | Quickbooks support toll free number | Quickbooks help line number | support for Quickbooks | Quickbooks tech support | Quickbooks contact | QuickBooks 2008 Support | QuickBooks 2009 Support | QuickBooks 2010 Support | QuickBooks 2011 Support | QuickBooks 2012 Support | QuickBooks 2013 Support |QuickBooks 2014 Support | QuickBooks Technical Support | QuickBooks 2015 Help | QuickBooks 2015 Support |

  • Quite a good read. I just sent this on 9/27/2016 to a fellow student who’s been doing some work of his own on this topic. To say thanks, he just bought me a drink! So, I should probably say: Thank you for the drink!

  • Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

  • If you’re still on the fence: grab your favorite earphones, head down to a Best Buy and ask to plug them into a Zune then an iPod and see which one sounds better to you, and which interface makes you smile more. Then you’ll know which is right for you.

  • I enjoy your take on this topic and look forward to new posts and comments here at business247ng.com. Thanks!

  • Excellent read. I just forwarded this on 9/29/2016 to a fellow student who’s been doing a little research of their own on the topic. To say thanks, they just bought me a drink! So, I should probably say: Cheers for the drink!

  • 9/30/2016 @ 11:41:36 In my estimation, business247ng.com does a good job of dealing with issues like this! Even if frequently intentionally polemic, the information is more often than not well researched and thought-provoking.

  • Aloha, I found your blog on Bing Weblogs and think it is pretty intriguing and delivers fantastic material. Thank you regarding this superb post, I will certainly promote this on Twitter. Have a pleasant day on interior design ideas for home and office

  • I admire the beneficial information and facts you provide in your posts. I will bookmark your blog and have my children examine up right here often. From: home interior decoration design ideas

  • In my estimation, business247ng.com does a good job of dealing with subjects like this! While often intentionally controversial, the material posted is in the main well-written and thought-provoking.

  • Love the site– extremely easy to navigate and lots to think about!

  • Hiya! You some kind of professional website hosting? Great message. Are you able to tell me learn how to subscribe your blog?

  • Hey, thanks for sharing I always look forward to reading your posts one of the few blogs I still follow home decorated

  • In my opinion, business247ng.com does a excellent job of covering topics of this sort. While often deliberately controversial, the material posted is more often than not thoughtful and thought-provoking.

  • Interesting, I wonder what the statistics are on your first point there on homedecorated

  • Never Ever give up: Even though you fail initially; Dont manage to get a great deal of views at first, do your self a favour, do not give up.

  • Good, solid content. I just now passed this on 10/12/2016 to a classmate who’s been involved in a little research of her own on this subject. To say thank you, they just bought me lunch! So, I should probably say: Thank you for the drink!

  • I used to be suggested this web site by means of my cousin. I’m now not certain whether this post is written by him as nobody else know such distinct approximately my trouble. You are amazing! Thank you!

  • In my estimation, business247ng.com does a good job of handling subject matter like this. Even if sometimes deliberately contentious, the material posted is more often than not well researched and thought-provoking.

  • business247ng.com does it again! Very interesting site and a thought-provoking article. Keep up the good work!

  • download film terbaru sub indo has diamond like clarity and also in order for this to be striking you must use both that and.

  • 10/25/2016 @ 11:17:04 In my opinion, business247ng.com does a great job of handling issues of this type. While often intentionally polemic, the material posted is in the main thoughtful and challenging.

  • Pingback: Google

Comments are closed.