Nigerian bourse up 0.79% for the week
The NGX All-Share Index and Market Capitalization appreciated by 0.79 per cent to close the week at 49,706.09 and N27.074 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX ASeM and NGX Sovereign Bond indices which closed flat.
A total 41 equities appreciated in price during the week, higher than 32 equities in the previous week, even as 17 equities depreciated in price lower than 28 in the previous week, while 99 equities remained unchanged, higher than 97 recorded in the previous week.
A total turnover of 860.933 million shares worth N16.134 billion in 14,502 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 814.089 million shares valued at N12.204 billion that exchanged hands last week in 15,488 deals.
The Financial Services Industry (measured by volume) led the activity chart with 360.234 million shares valued at N3.772 billion traded in 6,905 deals; thus contributing 41.84% and 23.38% to the total equity turnover volume and value respectively. The Construction/Real Estate Industry followed with 302.200 million shares worth N927.033 million in 261 deals.
The third place was the Consumer Goods Industry, with a turnover of 39.078 million shares worth N1.685 billion in 2,593 deals.
Trading in the top three equities namely UPDC Real Estate Investment Trust, FBN Holdings Plc and Guaranty Trust Holding Company Plc (measured by volume) accounted for 440.239 million shares worth N3.015 billion in 2,038 deals, contributing 51.13% and 18.69% to the total equity turnover volume and value respectively.
A total of 1.303 million units of ETP valued at N6.011 million were traded this week in 37 deals compared with a total of 10,201 units valued at N2.827 million transacted last week in 25 deals.
The Bonds section recorded a total of 28,007 units valued at N27.186 million this week in 15 deals compared with a total of 10,398 units valued at N11.496 million transacted last week in 14 deals.
