Nigerian bourse up 0.01% for the week

The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization both appreciated by 0.01 per cent to close the week at 24,829.02 and N12.952 trillion respectively.
All other indices finished lower with the exception of NSE-Main Board, NSE MERI Value, and NSE Lotus II Indices which appreciated by 0.63 per cent, 0.41 per cent, and 0.26 per cent respectively, while NSE ASeM and NSE Consumer Goods closed flat.
A total of 18 equities appreciated in price during the week, higher than 14 in the previous week as 43 equities depreciated in price, lower than 47 in the previous week, while 102 equities remained unchanged, same as 102 equities recorded in the previous week.
The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization both appreciated by 0.01 per cent to close the week at 24,829.02 and N12.952 trillion respectively.
All other indices finished lower with the exception of NSE-Main Board, NSE MERI Value, and NSE Lotus II Indices which appreciated by 0.63 per cent, 0.41 per cent, and 0.26 per cent respectively, while NSE ASeM and NSE Consumer Goods closed flat.
A total of 18 equities appreciated in price during the week, higher than 14 in the previous week as 43 equities depreciated in price, lower than 47 in the previous week, while 102 equities remained unchanged, same as 102 equities recorded in the previous week.
A total turnover of 739.375 million shares worth N8.563 billion in 17,248 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.050 billion shares valued at N10.125 billion that exchanged hands last week in 19,576 deals.
The Financial Services industry (measured by volume) led the activity chart with 457.851 million shares valued at N3.773 billion traded in 8,062 deals; thus contributing 61.92% and 44.06% to the total equity turnover volume and value respectively.
The Consumer Goods industry followed with 66.668 million shares worth N2.015 billion in 3,486 deals. The third place was the Oil and Gas industry, with a turnover of 63.255 million shares worth N380.146 million in 963 deals.
Trading in the top three equities namely FBN Holdings Plc, Guaranty Trust Bank Plc and Zenith Bank Plc. (measured by volume) accounted for 211.351 million shares worth N3.042 billion in 3,623 deals, contributing 28.59% and 35.52% to the total equity turnover volume and value respectively.
A total of 199,011 units of ETPS valued at N1.525 billion were traded this week in 13 deals, compared with a total of 121,769 units valued at N675.284 million transacted last week in 22 deals.
A total of 9,284 units of bonds valued at N10.180 million were traded this week in 8 deals compared with a total of 11,920 units valued at N12.265 million transacted last week in 18 deals.