Nigerian bourse up 3.38% for the week
The NGX All-Share Index and Market Capitalization appreciated by 3.38 per cent to close the week at 45,957.35 and N24.761 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX insurance index, which depreciated by 0.27 per cent, while the NGX ASem, and NGX Sovereign bond indices closed flat.
A total of 47 equities appreciated in price during the week, higher than 33 equities in the previous week, as 23 equities depreciated in price, lower than 35 in the previous week, while 86 remained unchanged lower than 88 equities recorded in the previous week.
A total turnover of 1.858 billion shares worth N47.486 billion in 20,861 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.600 billion shares valued at N32.716 billion that exchanged hands last week in 22,607 deals.
The Financial Service Industry (measured by volume) led the activity chart with 815.363 million shares valued at N7.066 billion traded in 10,736 deals; thus contributing 43.89 per cent and 14.88 per cent to the total equity turnover volume and value respectively.
The ICT Industry followed with 596.575 million shares worth N845.020 million in 1,028 deals. The third place was The Conglomerates Industry, with a turnover of 161.347 million shares worth N191.189 million in 983 deals.
Trading in the top three equities namely Computer Warehouse Group Plc, Transnational Corporation of Nigeria Plc, FBN Holdings Plc (measured by volume) accounted for 810.748 million shares worth N2.080 billion in 1,499 deals, contributing 43.65 per cent and 4.38 per cent to the total equity turnover volume and value respectively.
A total of 28,084 units of ETPs valued at N18.300 million were traded this week in 27 deals compared with a total of 26,091 units valued at N2.356 million transacted last week in 47 deals.
Bonds market traded a total of 2,290 units valued at N2.291 million last week in 7 deals compared with a total of 78,135 units valued at N78.632million transacted the upper week in 25 deals.
