The lead indices of the Nigerian Stock Exchange, NSE, the All-Share Index and Market Capitalisation fell by 0.65% to close the week at 27,246.88 and N9.358 trillion respectively.
Likewise, all other indices finished lower during the week, with the exception of the NSE Industrial Goods Index that gained 0.66% while the NSE ASeM Index closed flat.
Eighteen equities appreciated in price during the week, lower than 22 equities of the previous week. Thirty-eight equities depreciated in price, lower than 40 equities of the previous week, while 124 equities remained unchanged higher than 118 equities recorded in the preceding week.
Trading in the Top Three Equities namely – Wapic Insurance Plc, FBN Holdings Plc and Guaranty Trust Bank Plc (measured by volume) accounted for 666.721 million shares worth N5.064 billion in 3,205 deals, contributing 48.99% and 47.27% to the total equity turnover volume and value respectively.
The Financial Services Industry (measured by volume) led the activity chart with 1.237 billion shares valued at N7.913 billion traded in 9,544 deals; thus contributing 90.87% and 73.88% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 46.182 million shares worth N77.192 million in 637 deals. The third place was occupied by the Consumer Goods Industry with a turnover of 38.102 million shares worth N1.372 billion in 2,907 deals.
Also traded during the week were a total of 1.003 million units of Exchange Traded Products (ETPs) valued at N12.116 million executed in 43 deals, compared with a total of 11,383 units valued at N128,168.98 transacted last week in 48 deals.
A total of 4,044 units of Federal Government Bonds valued at N4.062 million were traded in 6 deals compared to a total of 340 units of Federal Government Bonds valued at N370,066.80 transacted last week in 1 deal.
A turnover of 1.361 billion shares worth N10.711 billion in 16,070 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.185 billion shares valued at N13.033 billion that exchanged hands last week in 18,548 deals.
