The Nigerian Stock Exchange activities, last week saw a total of 37 equities soaring in price last week, in four days higher than 33 in the previous week.
The bourse operated a our-day trading sessions last week as the Federal Government of Nigeria declared Tuesday, May 1, 2018 a public holiday to mark the Workers Day celebration.
Also, 32 equities slumped in price lower than 41 equities in the previous week, while 100 shares remained unchanged higher than 95 equities recorded in the preceding week.
At the close of the week at the bourse, the All-Share Index (ASI) and market capitalization dipped by 0.06 percent to close the week at 41,218.72 and N14.931 trillion respectively.
Likewise, all other indices closed lower with the exception of NSE Premium, NSE Banking, NSE Industrial goods, and NSE Pension indices that appreciated by 0.12 percent, 1.56 percent, 1.06 percent and 0.21 percent respectively, while the NSE ASeM closed flat.
A total turnover of 1.331 billion shares worth N20.835 billion in 18,695 deals were traded this week by investors on the floor of the NSE in contrast to a total of 1.825 billion shares valued at N24.653 billion that exchanged hands last week in 23,148 deals.
The Financial Services Industry measured by volume led the activity chart with 1.042 billion shares valued at N11.275 billion traded in 9,665 deals; contributing 78.32 percent and 54.11 percent to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 84.124 million shares worth N4.322 billion in 3,691 deals, while the third place was occupied by Oil and Gas Industry with a turnover of 51.918 million shares worth N596.463 million in 2,307 deals.
United Bank for Africa Plc, Mutual Benefits Assurance Plc and Access Bank Plc measured by volume accounted for 457.930 million shares worth N3.784 billion in 1,469 deals, contributing 34.41 percent and 18.16 percent to the total equity turnover volume and value respectively. These three emerged the top three most traded stocks on the bourse.
Also traded during the week were a total of 709,058 units of Exchange Traded Products (ETPs) valued at N3.845 million executed in 10 deals, compared with a total of 56,260 units valued at N376,387.48 that was transacted last week in 6 deals.
In addition, a total of 80,152 units of Federal Government and State Bonds valued at N82.543 million were traded this week in 14 deals, compared with a total of 725 units valued at N660,984.55 transacted last week in 10 deals.
