Investors traded 897m shares at N6bn on Nigerian bourse last week

A total turnover of 896.748 million shares worth N5.918 billion in 11,185 deals were traded last week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.191 billion shares valued at N6.037 billion that exchanged hands last week in 11,820 deals.
It was had a four-day trading week as the Federal Government of Nigeria declared Monday 17th of April, 2017 as Public Holiday in commemoration of the Easter celebrations
The Financial Services Industry (measured by volume) led the activity chart with 688.971 million shares valued at N3.637 billion traded in 6,374 deals; thus contributing 76.83 per cent and 61.46 per cent to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 105.516 million shares worth N207.182 million in 944 deals.
The third place was occupied by Consumer Goods Industry with a turnover of 45.172 million shares worth N1.139 billion in 1,569 deals.
Trading in the top-three equities namely Diamond Bank Plc, Transnational Corporation of Nigeria Plc and Law Union and Rock Ins. Plc (measured by volume) accounted for 335.346 million shares worth N312.960 million in 1,176 deals, contributing 37.42 per cent and 5.29 per cent to the total equity turnover volume and value respectively.
Also traded during the week were a total of 100 units of Exchange Traded Products (ETPs) valued at N6,799.00 executed in one deal compared with a total of 16 units valued at N1,088.00 transacted last week in one deals.
A total of 1,311 units of Federal Government Bonds valued at N1.346 million were traded this week in seven deals, compared with a total of 4,800 units valued at N4.892million transacted last week in 10 deals.
The NSE All-Share Index and Market Capitalization depreciated by 1.26% to close the week at 25,189.37and N8.716 trillion respectively.
Similarly, all other Indices finished lower during the week with the exception the NSE ASeM, NSE Oil/Gas and the NSE Pension Indices that appreciated by 0.06 per cent, 0.60 per cent and 0.36 per cent respectively.
Twenty-four (24) equities appreciated in price during the week, higher than thirteen (13) equities of the previous week.
Thirty-one (31) equities depreciated in price, lower than thirty seven (37) equities of the previous week, while one hundred and twenty-two (122) equities remained unchanged lower than one hundred and twenty-seven (127) equities recorded in the preceding week.