Lead indices of the Nigerian Stock Market, the All Share Index and the Market Capitalization, last week recorded a growth.
The All Share Index rose by 0.34 percent to close the week at 25,250.37 basis points, while the Market Capitalization increased by N29.6 billion and closed at N8.739 trillion.
A performance review of sectoral Indices, showed that they all finished higher during the week with the exception of the NSE Premium, NSE ASeM, NSE Banking, NSE Oil/Gas, NSE Lotus II, NSE Industrial Goods and NSE Pension indices that depreciated by 0.45 percent, 0.79 percent, 0.79 percent, 2.50 percent, 2.82 percent, 2.83 percent and 1.18 percent respectively.
Nigerian Breweries, Guinness Nigeria and NPF Micro Finance Bank led 18 stocks that appreciated in price during the week, lower than 29 equities of the previous week.
On the other hand, 34 equities topped by Unilever, Forte Oil and Viatfoam depreciated in price, higher than twenty-five equities that depreciated last week, while one hundred and twenty-five equities remained unchanged higher than one hundred and twenty three equities recorded in the preceding week.
Investors on the equities market traded a total of 765.656 million shares worth N9.717 billion in 12,468 deals on the floor of the Exchange in contrast to a total of 1.073 billion shares valued at N8.608 billion that exchanged hands previous week in 14,486 deals.
The Financial Services Industry (measured by volume) led the activity chart with 575.290 million shares valued at N3.470 billion traded in 6,738 deals; thus contributing 75.14% and 35.71% to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 53.812 million shares worth N3.470 billion in 2,572 deals. The third place was occupied by Conglomerates Industry with a turnover of 48.961 million shares worth N229.411 million in 622 deals.
Top three traded equities were Zenith International Bank Plc, AIICO Insurance Plc, and United Capital Plc (measured by volume) accounted for 280.563 million shares worth N1.867 billion in 2,438 deals, contributing 36.64 percent and 19.22 percent to the total equity turnover volume and value respectively.
There were no trades in Exchange Traded Products during the week, as against a total of 15.400 million units valued at N198.477 million transacted last week in 9 deals, while a total of 24,850 units of Federal Government Bonds valued at N20.533 million were traded in 6 deals, compared with a total of 10,673 units valued at N10.479 million transacted last week in 10 deals