Nigerian bourse down 0.13% for the week

The NGX All-Share Index and Market Capitalization depreciated by 0.13 per cent and 0.12 per cent to close the week at 47,140.48 and N25.406 trillion respectively.

However, all other indices finished higher with the exception of NGX Premium, NGX Banking, NGX AFR Bank value, NGX Oil & Gas and NGX Industrial Goods which depreciated by 0.29 per cent, 0.74 per cent, 0.86 per cent, 3.45 per cent, and 0.32 per cent respectively while the NGX Main Board, NGX Asem, NGX Growth and NGX Sovereign Bond Indices closed flat.

A total 43 equities appreciated at price during the week, lower than 44 in the previous week, even as 38 equities depreciated in price, higher than 31 equities in the previous week, while 75 remained unchanged higher than 81 equities recorded in the previous week.

A total turnover of 1.713 billion shares worth N30.764 billion in 24,767 deals was traded in the week by investors on the floor of the Exchange, in contrast to a total of 1.331 billion shares valued at N22.700 billion that exchanged hands last week in 27,822 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.064 billion shares valued at N12.201 billion traded in 11,708 deals; thus contributing 62.14 per cent and 39.66 per cent to the total equity turnover volume and value respectively.

The Consumer Goods Industry followed with 156.077 million shares worth N5.004 billion in 4,877 deals. The third place was The Conglomerates Industry, with a turnover of 113.554 million shares worth N309.833 million in 1,062
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 500.778 million shares worth N7.455 billion in 3,603 deals, contributing 29.23% and 24.23% to the total equity turnover volume and value respectively.

A total of 10,633 units of ETP valued at N1.181 million were traded in the week in 27 deals compared with a total of 31,239 units valued at N37.245 million transacted last week in 53 deals

The Bonds sector recorded a total of 40,892 units valued at N44.706 million were traded in 22 deals compared with a total of 79,150 units valued at N83.791 million transacted last week in 25 deals.