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)
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