The Lead indicators of the Nigerian Stock Exchange,NSE, the All-Share Index, and the Market Capitalisation soared by 1.11% and 1.13% to close for the week at 27,756.67 and N9.535 trillion respectively.
Similarly, other Indices finished higher with the exception of the NSE Industrial Goods, index that declined by 0.24% and the NSE ASeM Index that closed flat.
Twenty-eight equities appreciated in price during the week, higher than 27 equities of the previous week. Thirty-one equities depreciated in price, higher than 25 equities of the previous week, while 121 equities remained unchanged lower than 128 equities recorded in the preceding week.
Sevenup, Wema, Seplat topped the week’s gainers chart adding 28.23%, 17.19% and 15.76% respectively to close at N144.90, 75 kobo and N318.33 per share each.
Conversely, May & Baker Nigeria Plc, Unity Bank Plc, Julius Berger Plc topped the week’s losers chart to close at 81 kobo,75 kobo and N43.69 respectively following a decline of 19.80%, 10.71% and 9.71% respectively
The Financial Services Industry (measured by volume) led the activity chart with 993.823 million shares valued at N7.279 billion traded in 10,135 deals; thus contributing 89.11% and 52.68% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 48.047 million shares worth N4.365 billion in 2,682 deals. The third place was occupied by the Conglomerates Industry with a turnover of 31.648 million shares worth N109.579 million in 487 deals.
Top three traded equities this week in volume terms were Guaranty Trust Bank Plc, United Bank for Africa Plc and Diamond Bank Plc accounting for 394.511 million shares worth N4.397 billion in 3,142 deals, and contributing 35.37% and 31.82% to the total equity turnover volume and value respectively.
Also traded during the week were 29,242 units of Exchange Traded Products (ETPs) valued at N283,495.57 executed in 42 deals, compared with a total of 16,397 units valued at N1.961 million transacted last week in 37 deals
A total of 4,470 units of Federal Government Bonds valued at N4.313 million were traded in 8 deals compared to a total of 1,650 units of Federal Government Bonds valued at N1.690 million transacted last week in 3 deals.
A turnover of 1.115 billion shares worth N13.817 billion in 16,083 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.124 billion shares valued at N13.839 billion that exchanged hands last week in 15,625 deals.