Similarly, all other Indices finished lower during the week with the exception of the NSE Industrial Goods Index that appreciated by 0.52%, while the NSE ASeM Index closed flat.
Sixteen equities appreciated in price during the week, lower than 22 equities of the previous week. Thirty-eight equities depreciated in price, lower than 42 equities of the previous week, while 126 equities remained unchanged higher than 116 equities recorded in the preceding week.
The Financial Services Industry (measured by volume) led the activity chart with 495.992 million shares valued at N2.767 billion traded in 6,522 deals; thus contributing 73.51% and 36.14% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 80.885 million shares worth N95.212 million in 536 deals. The third place was occupied by the Construction/Real Estate Industry with a turnover of 32.484 million shares worth N18.498 million in 70 deals.
Trading in the Top Three Equities namely – Law Union & Rock Insurance Plc, Ecobank Transnational Incorporated and Transnational Corporation of Nigeria Plc (measured by volume) accounted for 263.199 million shares worth N1.033 billion in 637 deals, contributing 39.01% and 13.49% to the total equity turnover volume and value respectively.
Also traded during the week were a total of 10,779 units of Exchange Traded Products (ETPs) valued at N63,890.18 executed in 22 deals, compared with a total of 119,743 units valued at N600,589.51 transacted last week in 25 deals.
A total of 1,700 units of Federal Government Bonds valued at N1.518 million were traded in 1 deal compared to a total of 1,510 units of Federal Government Bonds valued at N1.558 million transacted last week in 1 deal.
