By Kayode Tokede
The Nigerian Exchange Limited (NGX) All-Share Index and Market capitalization appreciated by 1.36 per cent to close the week at 39,834.42 basis points and N20.847 trillion respectively.
All other indices finished higher with the exception of NSE CG, NSE Banking, NSE-AFR Bank Value, NSE AFR Div Yield, NSE MERI Value, NSE Consumer Goods, NSE Growth Index and NSE Sovereign Bond Index which depreciated by 0.15 per cent, 2.09 per cent, 1.87 per cent, 0,76 per cent, 2.77 per cent ,0.02 per cent 0.46 per cent and 7.09 respectively, while the NSE ASeM Index closed flat.
A total of 36 equities appreciated in price during the week, lower than 39) in the previous week as 41 equities depreciated in price higher than 24 equities in the previous week, while 85 remained unchanged, lower than 99 equities recorded in the previous week.
A turnover of 1.441 billion shares worth N10.883 billion in 19,614 deals were traded in the week by investors on the floor of the Exchange, in contrast to a total of 1.602 billion shares valued at N42.142 billion that exchanged hands last week in 19,507 deals.
The Financial Services Industry (measured by volume) led the activity chart with 970.560 million shares valued at N6.779 billion traded in 10,876 deals; thus contributing 67.36 per cent and 62.30 per cent to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 234.966 million shares worth N387.565 million in 1,320 deals while the third place was Consumer Goods Industry, with a turnover of 61.614 million shares worth N974.254 million in 2,818 deals.
Trading in the top-three equities namely FBN Holdings Plc, Transnational Corporation of Nigeria Plc and Access Bank Plc (measured by volume) accounted for 603.939 million shares worth N2.963 billion in 3,618 deals, contributing 41.91 per cent and 27.23 to the total equity turnover volume and value respectively.
A total of 60,447 units of ETPs valued at N1.069 million were traded this week in 20 deals compared with a total of 262,526 units valued at N4.187 million transacted last week in 38 deals.
The Bonds witnessed a total transaction of 44,354 units valued at N46.342 million in 19 deals compared with a total of 70,316 units valued at N78.374 million transacted last week in 22 deals.