Lead indices of the Nigerian Stock Exchange, the All-Share Index and Market Capitalization appreciated by 0.90 percent to close last wek at 25,238.01 and N8.734 trillion respectively.
All other sector indices ended higher with the exception of the the ASEM Index closed flat and the NSE Oil/Gas and NSE Industrial Goods Indices that depreciated by 2.36 percent and 2.94 percent respectively.
Zenith International Bank Plc, Access Bank Plc and FBN Holdings Plc, emerged the week’s top traded stocks, as they accounted for 412.251 million shares worth N4.234 billion in 4,633 deals, contributing 40.27 percent and 33.97 percent to the total equity turnover volume and value traded on the Nigerian Stock Exchange respectively.
The Financial Services Industry measured by volume remained at the top of the activity chart with 850.758 million shares valued at N7.083 billion traded in 10,358 deals; thus contributing 83.12 percent and 56.83 percent to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 78.421 million shares worth N3.900 billion in 2,545 deals. The third place was occupied by Conglomerates Industry with a turnover of 46.196 million shares worth N70.668 million in 536 deals.
Also traded during the week were a total of 1,020 units of Exchange Traded Products (ETPs) valued at N51,316.00 executed in 4 deals. However, there were no trades recorded in Exchange Traded Products previous week.
A total of 6,686 units of Federal Government Bonds valued at N5.583 million were traded this week in 7 deals, compared with a total of 375 units valued at N447,055.02 transacted last week in 5 deals.
Nestle with a 16.96 percent growth led the week’s twenty-four equities that appreciated in price, Nestle’s share price closed the week at N734.99. Unilever and NEM Insurance which came second and third on the week’s top price gainers list, also posted increases of 11.46 and 9.64 percent each to close at N32.30 and 91 kobo respectively.
Conversely, Africa Prudential Registrars led the week’s thirty-one equities that depreciated in price. The stock shed 15.56 percent to close at N2.28 per share. It was trailed by United Capital that lost 15.09 percent to close at N2.42 per share and Nigerian Aviation Handling Company that closed 12 percent lower at N2.20 per share.
The total turnover of shares traded for the week by investors on the NSE in 16,400 deals, stood at 1.024 billion shares worth N12.464 billion, in contrast to a total of 1.387 billion shares valued at N13.726 billion that exchanged hands previous week in 15,422 deals.
