NGX down 2.63% last week
The NGX All-Share Index and Market Capitalization depreciated by 2.63 per cent to close last week at 42,167.91 and N22.003 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Insurance index which appreciated by 2.97 per cent, while the NGX ASeM, NGX Growth and NGX Sovereign Bond Indices closed flat.
The market recorded a total turnover of 1.278 billion shares worth N17.340 billion in 21,052 deals were traded in the week by investors on the floor of the Exchange, in contrast to a total of 3.435 billion shares valued at N30.915 billion that exchanged hands last week in 21,109 deals.
The Financial Services Industry (measured by volume) led the activity chart with 984.543 million shares valued at N10.247 billion traded in 11,029 deals; thus contributing 77.01 per cent and 59.09 per cent to the total equity turnover volume and value respectively.
Consumer Goods Industry followed with 78.724 million shares worth N2.328 billion in 3,137 deals. The third place was The Conglomerates Industry, with a turnover of 48.730 million shares worth N69.840 million in 647 deals.
Trading in the top-three equities namely FBN Holdings Plc, Guaranty Trust Holding Company Plc and Access Bank Plc (measured by volume) accounted for 470.731 million shares worth N6.571 billion in 3,887 deals, contributing 36.82 per cent and 37.90 per cent to the total equity turnover volume and value respectively.
A total of 13,481 units of ETP valued at N714,329.90 were traded in the week in 15 deals compared with a total of 147 units valued at N15,766.78 transacted in the preceding week in 7 deals
The Bonds sector recorded a total of 3,344 units valued at N3.603 million were traded the week in 7 deals compared with a total of 31,275 units valued at N33.596 million transacted last week in 21 deals.
A total of 18 equities appreciated in price during the week, lower than 29 in the previous week, even as 49 equities depreciated in price, higher than 36 equities in the previous week, while 89 equities remained unchanged lower than 91 recorded in the previous week.
