The management of the trading floor of the Nigerian Stock Exchange (NSE) in the week released traded data showed the top three equities namely – Nem Insurance Plc, United Bank for Africa Plc and Mansard Insurance Plc by volume accounted for 360.623 million shares worth N1.967 billion in 970 deals, contributing 31.45% and 15.68% to the total equity turnover volume and value respectively.
A total turnover of 1.147 billion shares worth N12.546 billion in 16,649 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 925.630 million shares valued at N8.333 billion that exchanged hands last week in 15,565 deals.
The Financial Services Industry by volume led the market with 891.785 million shares valued at N8.251 billion traded in 9,187 deals; thus contributing 77.78% and 65.77% to the total equity turnover volume and value respectively. The Consumer Goods Industry recorded 79.149 million shares worth N2.631 billion in 2,931 deals. While Conglomerates Industry recorded a turnover of 60.294 million shares worth N93.993 million in 694 deals.
Also traded during the week were a total of 1,793 units of Exchange Traded Products (ETPs) valued at N282,571.59 executed in 9 deals, compared with a total of 1,727 units valued at N333,925.78 that was transacted last week in 9 deals.
Total 9 1,793 282,571.59 BONDS A total of 2,647 units of Federal Government Bond valued at N2.725 million were traded this week in 17 deals compared with a total of 7,787 units valued at N8.005 million transacted last week in 11 deals.
The NSE All-Share Index and Market Capitalization depreciated by 0.51% to close the week at 35,266.29 and N12.875 trillion respectively. Similarly, all other indices finished lower with the exception of the NSE Premium, NSE Lotus II and NSE Industrial Goods indices that rose by 0.59%, 0.23% and 1.29% respectively, while NSE ASeM Index closed flat
Sixteen (16) equities appreciated in price during the week, lower than twenty (20) in the previous week. Fifty-six (56) equities depreciated in price, higher than forty-seven (47) equities of the previous week, while ninety seven (97) equities remained unchanged lower than one hundred and three (103) equities recorded in the preceding week.