CAPITAL MARKETMARKETSTOP STORY

Despite COVAD 19: Nigerian bourse up 4.45% for the week

 

The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization both appreciated by 4.45 per cent to close the week at 24,045.40 and N12.531 trillion respectively.

All other indices finished higher with the exception of NSE ASeM, which depreciated by 0.18%,

Thirty-nine (39) equities appreciated in price during the week, higher than twenty-eight (28) equities in the previous week. Twenty-two (22) equities depreciated in price, lower than twenty (20) equities in the previous week, while One hundred and two (102) equities remained unchanged, lower than one hundred and fifteen (115) equities recorded in the preceding week.

Thirty-nine (39) equities appreciated in price during the week, higher than twenty-eight (28) equities in the previous week. Twenty-two (22) equities depreciated in price, lower than twenty (20) equities in the previous week, while One hundred and two (102) equities remained unchanged, lower than one hundred and fifteen (115) equities recorded in the preceding week.

A total turnover of 1.662 billion shares worth N18.205 billion in 28,791 deals were traded in the week by investors on the floor of the Exchange, in contrast to a total of 1.012 billion shares valued at N9.892 billion that exchanged hands the upper week in 17,023 deals.

The Financial Services industry (measured by volume) led the activity chart with 1.385 billion shares valued at N11.813 billion traded in 17,117 deals; thus contributing 83.35% and 64.89% to the total equity turnover volume and value respectively.

The Services industry followed with 53.551 million shares worth N128.065 million in 1,003 deals. The third place was the Consumer Goods industry, with a turnover of 53.444 million shares worth N2.780 billion in 3,6Thirty-nine (39) equities appreciated in price during the week, higher than twenty-eight (28) equities in the previous week.

Twenty-two (22) equities depreciated in price, lower than twenty (20) equities in the previous week, while One hundred and two (102) equities remained unchanged, lower than one hundred and fifteen (115) equities recorded in the preceding week. 07 deals.

Trading in the Top Three Equities namely, FBN Holdings Plc, Guaranty Trust Bank and Zenith Bank Plc. (measured by volume) accounted for 774.294 million shares worth N9.796 billion in 7,516 deals, contributing 46.59% and 53.81% to the total equity turnover volume and value respectively.

A total of 17,476 units of ETPs valued at N1.502 million were traded this week in 10 deals, compared with a total of 200,104 valued at N2.264 million transacted last week in 12 deals.

A total of 2,438 units of bond valued at N2.594 million were traded this week in 6 deals compared with a total of 4,195 valued at N4.890 million transacted last week in 4 deals.