Investors on Nigerian bourse trade N10323bn shares

A total turnover of 1.309 billion shares worth N10.323 billion in 13,042 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.029billion shares valued at N7.980 billion that exchanged hands last week in 13,441 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.139 billion shares valued at N6.028 billion traded in 7,518 deals; thus contributing 87.01 per cent and 58.39 per cent to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 71.209 million shares worth N2.306 billion in 2,261 deals.
The third place was occupied by Services Industry with a turnover of 29.390 million shares worth N24.594 million in 258 deals.
Trading in the top-three equities namely–Continental Reinsurance Plc, Custodian and Allied Insurance Plc and FBN Holdings Plc (measured by volume) accounted for 565.746 million shares worth N1.450 billion in 914 deals, contributing 43.22 per and 14.04 per cent to the total equity turnover volume and value respectively.
Also traded during the week were a total of 11,585 units of Exchange Traded Products (ETPs) valued at N144,678.50 executed in 5 deals compared with a total of 20 units valued at N90.90 transacted last week in two deals.
The NSE All-Share Index and Market Capitalization depreciated by 0.77 per cent and 0.80 per cent respectively to close the week at 25,454.93 and N8.807 trillion respectively.
Similarly, all other Indices finished lower during the week with the exception of the NSE Lotus and NSE Industrial Goods Indices that appreciated by 0.35 per cent and 5.14 per cent while the ASEM Index closed flat.
A total of 16 equities appreciated in price during the week, lower than 31 of the previous week even as 35 equities depreciated in price, higher than 22 of the previous week, while 126 remained unchanged higher than124 recorded in the preceding week.