Investors on NGX stake N11.066bn on 1.7bn shares for the week

A total turnover of 1.689 billion shares worth N11.066 billion in 14,019 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 853.745 million shares valued at N11.841 billion that exchanged hands last week in 18,543 deals.

The Healthcare Industry (measured by volume) led the activity chart with 1.086 billion shares valued at N1.627 billion traded in 267 deals; thus contributing 64.32% and 14.70% to the total equity turnover volume and value respectively.

The Financial Services Industry followed with 379.556 million shares worth N4.547 billion in 6,711 deals. The third place was the Conglomerates Industry, with a turnover of 89.526 million shares worth N131.231 million in 534 deals.

Trading in the top three equities namely Neimeth International Pharmaceuticals Plc, Transnational Corporation Plc and United Bank for Africa Plc, (measured by volume) accounted for 1.248 billion shares worth N2.347 billion in 1,102 deals, contributing 73.89% and 21.21% to the total equity turnover volume and value respectively

A total of 6,141 units of ETP valued at N1.838 million were traded this week in 47 deals compared with a total of 6,224 units valued at N1.541 million transacted last week in 56 deals.

The BONDs sector traded a total of 20,336 units valued at N20.465 million were traded this week in 20 deals compared with a total of 98,883 units valued at N94.102 million transacted last week in 31 deals.

The NGX All-Share Index and Market Capitalization depreciated by 0.04% to close the week at 54,892.53 and N29.903 trillion respectively.

All other indices finished higher with the exception of NGX Main Board, NGX 30, NGX Insurance, NGX MERI Growth, NGX Consumer Goods and NGX Industrial Goods which depreciated by 0.30%, 0.16%, 0.53%, 0.58%, 0.74%, and 0.49% respectively while the NGX ASeM, NGX Oil and Gas, NGX Growth and NGX Sovereign Bond indices closed flat

A total of 28 equities appreciated in price during the week higher than 19 in the previous week, even as 27 equities depreciated in price lower than 47 in the previous week, while 102 remained unchanged, higher than 91 recorded in the previous week