Nigerian bourse up 2.33% last week
The NGX All-Share Index and Market Capitalization appreciated by 2.33 per cent to close last week at 47,279.92 and N25.477 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance and NGX Consumer Goods indices, which depreciated by 1.93 per cent and 0.81 per cent while the NGX ASem, and NGX Sovereign bond indices closed flat.
A total turnover of 1.785 billion shares worth N19.614 billion in 27,822 deals was traded in the week by investors on the floor of the Exchange, in contrast to a total of 1.448 billion shares valued at N19,080 billion that exchanged hands last week in 22,557 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.094 billion shares valued at N10.506 billion traded in 13,580 deals; thus contributing 61.29% and 53.56% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 144.172 million shares worth N253.262 million in 1,077 deals. The third place was The ICT Industry, with a turnover of 122.193 million shares worth N1.719 billion in 1,661 deals.
Trading in the top three equities namely Fidelity Bank Plc, Transnational Corporation Of Nigeria Plc, Guaranty Trust Holding Company Plc, (measured by volume) accounted for 415.095 million shares worth N3.205 billion 3,556 deals, contributing 23.25% and 16.34% to the total equity turnover volume and value respectively.
A total of 24,350 unit of ETP valued at N574.834 million were traded this week in 38 deals compared with a total of 7,900 units valued at N1.831 million transacted last week in 38 deals.
Bonds market recorded a total of 61,682 units valued at N63.308 million were traded this week in 8 deals compared with a total of 57,971 units valued at N59.256 million transacted last week in 15 deals.
A total of 42 equities appreciated at price during the week, lower than 44 in the previous week, even as 35 equities depreciated in price, higher than 33 in the previous week, while 79 remained unchanged same as 79 recorded in the previous week.
