Nigerian bourse trades 917.190m shares worth over $36m

APA– Lagos A total turnover of 917.190 million shares worth N14.803 billion in 19,513 deals was traded this week by investors on the floor of the Nigerian Exchange. The weekly report of transactions released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 504.322 million shares valued at N7.517 billion that exchanged…

APA – Lagos (Nigeria) A total turnover of 917.190 million shares worth N14.803 billion (about $36.104m) in 19,513 deals was traded this week by investors on the floor of the Nigerian Exchange.

The weekly report of transactions released on Friday in Lagos by the Exchange showed that the figures were in contrast to a total of 504.322 million shares valued at N7.517 billion that exchanged hands last week in 12,393 deals.

It added that the Financial Services Industry led the activity chart with 648.207 million shares valued at N6.258 billion traded in 9,293 deals, while the Consumer Goods Industry followed with 102.605 million shares worth N3.211 billion in 3,016 deals.

The third place was the Conglomerates Industry, with a turnover of 36.218 million shares worth N193.474 million in 562 deals.

According to the report, trading in the top three equities namely United Bank For Africa Plc, Guaranty Trust Holding Company Plc and Access Holdings Plc (measured by volume) accounted for 355.624 million shares worth N4.120 billion in 3,486 deals, contributing 38.77% and 27.83% to the total equity turnover volume and value respectively.

A total of 196.303 units valued at N6.346 million were traded this week in 34 deals compared with a total of 2,414 units valued at N962,254 transacted last week in 10 deals.

In the Bonds section, a total of 79,914 units valued at N83.072 million were traded this week in 31 deals compared with a total of 747,022 units valued at N775.089 million transacted last week 23 deals.

The NGX All-Share Index and Market Capitalization depreciated by 0.45% to close the week at 51,979.92 and N28.031 trillion respectively.

Similarly, all other indices finished lower with the exception of the NGX Insurance, NGX MERI Growth, NGX Oil/Gas, NGX Growth and NGX Sovereign Bond Indices which appreciated at 1.81%, 1.01%, 3.80%, 0.41% and 0.15% while, the NGX ASeM index closed flat. ($1=N410)

ANA NEWS WIRE Disclaimer:
The African News Agency (ANA) is a news wire service and therefore subscribes to the highest standards of journalism as it relates to accuracy, fairness and impartiality.
ANA strives to provide accurate, well sourced and reliable information across Text, Images and Video. Where errors do appear, ANA will seek to correct these timeously and transparently.
The ANA platform also contains news and information from third party sources. ANA has sought to procure reliable content from trusted news sources but cannot be held responsible for the accuracy and opinions provided by such sources on the ANA platform or linked sites.
The content provided for on the ANA News Wire platform, both through the ANA news operation and via its third party sources, are for the sole use of authorised subscribers and partners. Unauthorised access to and usage of ANA content will be subject to legal steps. ANA reserves its rights in this regard.
ANA makes every effort to ensure that the website is up and running smoothly at all times, however ANA does not take responsibility for, and will not be held liable for times when the website is temporarily unavailable due to technical issues that are beyond our control.