Investors on Nigerian bourse stake N10.12bn for the week

A total turnover of 950.414 million shares worth N10.123 billion in 16,647 deals were traded last week by investors on the floor of the Nigeria Stock Exchange (NSE) in contrast to a total of 1.327 billion shares valued at N13.934 billion that exchanged hands the previous week in 19,392 deals.

The Financial Services industry (measured by volume) led the activity chart with 624.278 million shares valued at N6.181 billion traded in 8,313 deals; thus contributing 65.68 per cent and 61.06 per cent to the total equity turnover volume and value respectively.

The Consumer Goods industry followed with 96.320 million shares worth N2.199 billion in 3,148 deals. The third place was the Conglomerates industry, with a turnover of 89.376 million shares worth N145.612 million in 757 deals.

Trading in the top three equities namely Zenith Bank Plc, Guaranty Trust Bank Plc and Transnational Corporation of Nigeria Plc. (measured by volume) accounted for 298.901 million shares worth N4.761 billion in 3,056 deals, contributing 31.45 per cent and 47.03 per cent to the total equity turnover volume and value respectively.

A total of 50,479 units of ETFPs valued at N405.465 million were traded this week in 20 deals, compared with a total of 25,904 units valued at N169.443 million transacted last week in 17 deals while the Bonds Market recorded  total of 26,860 units valued at N33.043 million traded in 32 deals in the week, compared with a total of 2,542 units valued at N3.412 million transacted last week in 7 deals.

The NSE All-Share Index and Market Capitalization both appreciated by 0.09 per cent to close the week at 25,221.87 and N13.158 trillion respectively even as all other indices finished higher with the exception of NSE Oil/Gas, NSE Lotus and NSE Industrial Goods Indices which depreciated by 0.92 per cent, 0.12 per cent and 0.41 per cent while the NSE ASeM Closed flat.

A total of 31 equities appreciated in price during the week, higher than 29) in the previous week even as 27 equities depreciated in price, lower than 33 in the previous week, while 105 equities remained unchanged, higher than 101recorded in the previous week.