NGX bourse up by 1.12% for the week

The NGX All-Share Index and Market Capitalization appreciated by 1.12 per cent to close last week at 67,200.69 and N36.920 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX CG, NGX Banking, NGX AFR Bank Value, NGX MERI Growth and NGX Sovereign Bond which depreciated by 0.16 per cent, 0.78 per cent, 0.94 per cent, 0.32 per cent and 0.56 per cent respectively while the NGX Premium and NGX ASeM indices closed flat.

A total of 38 equities appreciated in price during the week lower than 40) equities in the previous week, even as 33 equities depreciated in price lower than 36 in the previous week, while 86 remained unchanged, higher than 79 recorded in the previous week.

A total turnover of 1.470 billion shares worth N24.431 billion in 29,683 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.410 billion shares valued at N22.115 billion that exchanged hands last week in 27,965 deals.

The Financial Services Industry (measured by volume) led the activity chart with 929.631 million shares valued at N12.948 billion traded in 13,626 deals; thus contributing 63.25% and 53.00% to the total equity turnover volume and value respectively.

The Healthcare Industry followed with 171.236 million shares worth N334.792 million in 452 deals. The third place was the Oil and Gas Industry, with a turnover of 90.156 million shares worth N5.099 billion in 2,769 deals.

Trading in the top three equities namely Access Holdings Plc, Neimeth International Pharmaceutical Plc and Fidelity Bank Plc (measured by volume) accounted for 502.843 million shares worth N4.388 billion in 3,117 deals, contributing 34.21% and 17.96% to the total equity turnover volume and value respectively.

A total of 13,290 units of ETF valued at N3.526 million were traded this week in 108 deals compared with a total of 898,301units valued at N25.895 million transacted last week in 107 deals.

A total of 52,703 units of Bonds valued at N54.688 million were traded this week in 32 deals compared with a total of 46,199 units valued at N46.064 million transacted last week in 23 deals.