The week’s top three gainers were Law Union & Rock Insurance Plc, UACN property Development Plc and Learn Africa Plc. They appreciated 32.73%, 16.18%, and 13.79% respectively to close at 73 kobo, N3.95 and 66 kobo per share each.
Thirty-five equities appreciated in price during the week, higher than 33 equities of the previous week. Thirty-two equities depreciated in price, higher than 25 equities of the previous week, while 113 equities remained unchanged lower than 122 equities recorded in the preceding week.
The Financial Services Industry (measured by volume) led the activity chart with 970.503 million shares valued at N4.540 billion traded in 8,298 deals; thus contributing 75.41% and 48.80% to the total equity turnover volume and value respectively. The Agriculture Industry followed with 109.788 million shares worth N155.716 million in 269 deals.
The third place was occupied by the Consumer Goods Industry with a turnover of 82.938 million shares worth N2.774 billion in 2,884 deals. Trading in the Top Three Equities namely – Continental Reinsurance Plc, FCMB Group Plc and Livestock Feeds Plc (measured by volume) accounted for 463.640 million shares worth N516.306 million in 770 deals, contributing 36.03% and 5.55% to the total equity turnover volume and value respectively.
Also traded during the week were a total of 4.761 million units of Exchange Traded Products (ETPs) valued at N25.821 million executed in 45 deals, compared with a total of 615 units valued at N6,070.20 transacted last week in 21 deals.
A total of 2,023 units of Federal Government Bonds valued at N1.925 million were traded in 4 deals compared to a total of 3,994 units of Federal Government Bonds valued at N3.263 million transacted last week in 5 deals.
A turnover of 1.287 billion shares worth N9.303 billion in 15,258 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 4.331 billion shares valued at N16.803 billion that exchanged hands last week in 16,797 deals.
