Nigerian bourse down 0.16% last week

The NGX All-Share Index and Market Capitalization depreciated by 0.16 per cent last week to close at 47,202.30 and N25.436 trillion respectively.

Similarly, all other indices finished lower with the exception of NGX 30, NGX Banking, NGX Pension, NGX Insurance, NGX AFR Bank, NGX AFR Div. Yield, NGX Meri Value, NGX Consumer Goods, NGX Oil & Gas, and NGX industrial Goods indices, which appreciated by 0.07%, 2.34%, 0.46%,1.51%, 0.32%, 4.78%, 2.03%, 1.35%, 0.29%, and 0.06%, while the NGX Growth Index closed flat.

A total of 44 equities appreciated at price during the week, higher than 4 in the previous week, even as 31 equities depreciated in price, lower than 35 in the previous week, while 81 equities remained unchanged higher than 79 recorded in the previous week.

Turnover of 1.331 billion shares worth N22.700 billion in 24,039 deals were traded in the week on the floor of the Exchange, in contrast to a total of 1.785 billion shares valued at N19.614 billion that exchanged hands the upper week in 27,822 deals.

The Financial Services Industry (measured by volume) led the activity chart with 886.121 million shares valued at N10.058 billion traded in 11.563 deals; thus contributing 66.60% and 44.31% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 107.592 million shares worth N4.472 billion in 3,833 deals. The third place was The Conglomerates Industry, with a turnover of 102.192 million shares worth N198.077 million in 1,008 deals.

Trading in the top-three equities namely Access Bank Plc, Guaranty Trust Holding Company Plc,and Fidelity Bank Plc, (measured by volume) accounted for 316.758 million shares worth N4.353 billion in 3,476 deals, contributing 23.80% and 19.18% to the total equity turnover volume and value respectively

A total of 31,239 units of ETP valued at N37.245 million were traded in the week in 53 deals compared with a total of 24,350 units valued at N574, 834.85 transacted last week in 38 deals

The Bonds sector recorded 79,150 units valued at N83.791 million were traded this week in 25 deals compared with a total of 61,682 units valued at N63.308 million transacted last week in 8 deals.