Transactions on the floor of the Nigerian Stock Market closed in Green for the third consecutive week, posting a growth of 3.44 percent in lead market indicators.
The NSE All-Share Index and Market Capitalisation closed at 26,707.10 points and N9.189 trillion respectively, having added in the course of the week by 889.41 points and N306 billion respectively.
Also, 40 equities appreciated in price during the week, higher than 27 equities of the previous week. Nineteen equities depreciated in price, lower than 36 equities of the previous week, while 116 equities remained unchanged higher than 112 equities recorded in the preceding week.
The Financial Services Industry led the activity chart by volume with 1.504 billion shares valued at N6.183 billion traded in 7,311 deals; thus contributing 90.82 percent and 49.15 percent to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 51.395 million shares worth N4.753 billion in 2,027 deals. The third place was occupied by the Conglomerates Industry with a turnover of 46.282 million shares worth N52.408 million in 553 deals.
Trading in the Top Three Equities by volume were Union Bank Nigeria Plc, United Bank For Africa Plc and FCMB Group Plc. They accounted for 865.701 million shares worth N3.370 billion in 999 deals, contributing 52.26 percent and 26.79 percent to the total equity turnover volume and value respectively.
Also traded during the week were a total of 2.439 million units of Exchange Traded Products (ETPs) valued at N18.276 million executed in 15 deals, compared with a total of 2,850 units valued at N355,162.85 transacted last week in 21 deals.
A turnover of 1.656 billion shares worth N12.580 billion in 12,860 deals were traded last week by investors on the floor of the bourse. This is in contrast to a total of 894.759 million shares valued at N10.629 billion that exchanged hands last week in 13,418 deals.
