Nigerian bourse trades 1.82bn shares worth N27.2bn for the week

The Nigerian bourse recorded a total turnover of 1.816 billion shares worth N27.194 billion in 36,286 deals exchanged by investors on the floor of the Exchange, in contrast to a total of 1,598 billion shares valued at N19.603 billion that exchanged hands last week in 21,494 deals.

The Financial Services Industry (measured by volume) led the activity chart with 904.860 million shares valued at N8.498 billion traded in 12,883 deals; thus contributing 49.82% and 31.25% to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 263.830 million shares worth N540.313 million in 1,651 deals. The third place was The Consumer Goods Industry, with a turnover of 238.964 million shares worth N5.816 billion in 7,635 deals.

Trading in the top three equities namely Transnational Corporation Plc, Guaranty Trust Holding Company Plc and Jaiz Bank Plc (measured by volume) accounted for 459,179 million shares worth N3.294 billion in 3,645 deals, contributing 25.28% and 12.11% to the total equity turnover volume and value respectively.

ETP sector traded a total of 175,506 units valued at N6.803 million were traded this week in 36 deals compared with a total of 147,708 units valued at N3.018 million transacted last week in 19 deals.

Similarly, Bonds sector traded a total of 43,629 units valued at N48.535 million this week in 33 deals compared with a total of 13,800 units valued at N14.387 million transacted last week in 7 deals.

There was no trade recorded in the Derivatives, however, the number of Open Interest (OI) remains at two contracts.

The NGX All-Share Index and Market Capitalization appreciated by 4.25% to close the week at 53,098.46 and N28.626 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Div Yield, and NGX Sovereign bond indices which depreciated at 1.92%, 2.82%, and 0.02%, while, NGX Asem index closed flat.

The NGX All-Share Index and Market Capitalization appreciated by 4.25% to close the week at 53,098.46 and N28.626 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Div Yield, and NGX Sovereign bond indices which depreciated at 1.92%, 2.82%, and 0.02%, while, NGX Asem index closed flat.