Nigerian bourse down 0.13% for the week
The NGX All-Share Index and Market Capitalization depreciated by 0.13 per cent to close the week at 47,268.61 and N25,475 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX Premium, NGX AseM, NGX Meri Growth, NGX Oil/Gas and NGX Sovereign bond indices.
In all, a total of 22 equities appreciated in price during the week, lower than 44 in the previous week, even as 49 equities depreciated in price, higher than 22 in the previous week, while 85 equities remained unchanged lower than 90 recorded in the previous week.
A total turnover of 1.374 billion shares worth N23.786 billion in 28,809 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.668 billion shares valued at N19.481 billion that exchanged hands last week in 25,979 deals.
The Financial Services Industry (measured by volume) led the activity chart with 889.542 million shares valued at N8.036 billion traded in 14,034 deals; thus contributing 64.74 per cent and 33.78 per cent to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 131.154 million shares worth N199.272 million in 1,259 deals. The third place was The ICT Industry, with a turnover of 89.777 million shares worth N10.593 billion in 2,119 deals.
Trading in the top three equities namely FCMB Group Plc, Transnational Corporation of Nigeria Plc and Zenith Bank Plc (measured by volume) accounted for 416.676 million shares worth N2,989 billion in 3,321 deals, contributing 30.32 per cent and 12.57 per cent to the total equity turnover volume and value respectively.
ETPs sector recorded a total of 1.586 million units valued at N24.867 million traded in the week in 22 deals compared with a total of 1,622 units valued at N775,980.88 transacted last week in 27 deals.
A total of 136,800 units of Bonds valued at N149.010 million were traded last week in 23 deals compared with a total of 67,646 units valued at N76.346 million transacted last week in 11 deals.
