Lead indices of the Nigerian Stock Exchange, the All-Share Index and Market Capitalization dipped by 0.69% to close the week at 25,164.91 and N8.709 trillion.
All other Indices finished lower with the exception of the NSE Premium, NSE Oil/Gas, NSE Lotus II and the NSE Industrial Goods indices that appreciated by 0.70 percent, 1.63 percent, 0.44 percent and 0.73 percent respectively, while the NSE ASeM Index closed flat.
PZ Industries led 20 equities that appreciated in price during the week, by 21.29 percent, to close at N13.39. It was seconded by Julius Berger Nigeria with a growth of 10.22 percent to close at 38.39 per share while Beta Glass came third, having appreciated by 10.22 percent to close at N36.45. The week’s 20 advancing stocks were higher than 19 equities of the previous week.
Conversely, Vitafoam, Fidson Health Care Pharmaceuticals and Nigerian Breweries topped the week’s twenty-five depreciated stocks. They lost 13.04, 11.40 and 8 percent of their share values each to close at N2, N1.01 and N115 respectively. The weeks 25 depreciated stocks were however lower than 38 depreciated equities of the previous week.
The Financial Services Industry (measured by volume) led the activity chart with 930.380 million shares valued at N5.701 billion traded in 8,759 deals; thus contributing 86.70 percent and 66.24 percent to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 52.480 million shares worth N1.992 billion in 2,513 deals. The third place was occupied by Conglomerates Industry with a turnover of 22.125 million shares worth N39.217 million in 499 deals.
The week’s top three traded equities in volume terms were, Staco Insurance Plc, Zenith International Bank Plc and Guaranty Trust Bank Plc. They accounted for 473.880 million shares worth N4.269 billion in 2,254 deals, contributing 44.16 percent and 49.60 percent to the total equity turnover volume and value respectively.
Also traded during the week were a total of 15.400 million units of Exchange Traded Products (ETPs) valued at N198.477 million executed in 9 deals, compared with a total of 200 units valued at N338,007.70 transacted last week in 8 deals.
A total of 10,673 units of Federal Government Bonds valued at N10.479 million were traded this week in 10 deals, compared with a total of 1,135 units valued at N1.175 million transacted last week in 5 deal
Meanwhile 123 equities remained unchanged higher than 119 equities recorded in the preceding week.In the course of the week, a total turnover of 1.073 billion shares worth N8.608 billion in 14,486 deals were traded by investors on the floor of the Exchange in contrast to a total of 1.052 billion shares valued at N8.031 billion that exchanged hands previous week in 13,586 deals.
