Management of the floor of the Nigerian Stock Exchanges (The NSE) at the weekend published traded data of the equities. The figures shown that three equities led by Diamond Bank Plc, Zenith International Bank Plc and Transnational Corporation of Nigeria Plc by volume, accounted for 985.762 million shares worth N2.841 billion in 3,401 deals, contributing 63.39% and 21.04% to the total equity turnover volume and value respectively.
According to the report a total turnover of 1.555 billion shares worth N13.504 billion in 18,409 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.493 billion shares valued at N15.107 billion that exchanged hands last week in 14,549 deals.
The reports further pointed out that the financial services industry, by volume came top with 1.365 billion shares valued at N6.507 billion traded in 10,880 deals; thus contributing 87.76% and 48.19% to the total equity turnover volume and value respectively. The consumer goods industry also contributed 70.496 million shares worth N5.637 billion in 3,398 deals. While the conglomerates industry recorded a turnover of 58.779 million shares worth N141.929 million in 706 deals.
“Also traded during the week were a total of 60 units of Exchange Traded Products (ETPs) valued at N2,265.60 executed in 6 deals compared with a total of 2,000 units valued at N34,000.00 transacted last week in1 deal.
“Of total 6 60 2,265.60 Federal Government Bonds, only 1,041 units valued at N1.040 million were traded this week in 10 deals, compared with a total of 2,360 units valued at N2.029 million transacted last week in 7 deals.
“The NSE All-Share Index appreciated by 1.45% to close the week at 36,848.17 while Market Capitalization recorded N12.684 trillion respectively. Similarly, all other Indices finished higher during the week with the exception of the NSE ASeM Index which closed flat
On the floor a total of forty-one (41) equities appreciated in price during the week, higher than thirty-eight (38) of the previous week. Twenty-three (23) equities depreciated in price, lower than twenty-six (26) equities of the previous week, while one hundred and seven (107) equities remained unchanged same as one hundred and seven (107) equities recorded in the preceding week.
“A total volume of 160,044 units and 252,658 units of 13.817% FGNSB SEP 2019 and 14.817% FGNSB SEP 2020 respectively were admitted to trade under the FGN Savings Bond Scheme on the 10th of October, 2017.