The Financial Services Industry lift up a total equity trades volume by 405.939 million shares

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The Financial Services Industry grow by volume to top the chart the activity chart with 305.885 million shares valued at N2.066 billion traded in 3,445 deals; thus contributing 75.35% and 55.46% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 30.974 million shares worth N793.114 million in 1,096 deals. The third place was occupied by Conglomerates Industry with a turnover of 19.701 million shares worth N24.689 million in 261 deals.

“It was a brief trading week as the Federal Government of Nigeria declared Monday 26th and Tuesday 27th of December, 2016 as Public Holiday to mark the Christmas and Boxing Day celebrations”

The breakdown of the individual trading on the floor of the NSE which led by Omoluabi Savings and Loans Plc, Guaranty Trust Bank Plc and FCMB Group Plc recorded measurement by volume, accounted for 128.546 million shares worth N1.222 billion in 715 deals, contributing 31.66% and 32.82% to a total turnover of 405.939 million shares worth N3.724 billion in 6,363 deals of the equity were traded this week by investors on the floor of the Exchange in contrast to a total of 1.261 billion shares valued at N17.520 billion that exchanged hands last week in 14,861 deals.

 

The NSE All-Share Index and Market Capitalization appreciated by 1.47% to close the week at 26,874.62 and N9.247 trillion respectively. Similarly, all other Indices finished higher during the week with the exception of the NSE ASeM, NSE Oil/Gas and NSE Industrial Goods Indices that depreciated by 2.35%, 1.47% and 0.15% respectively

Summary of Price Changes for the week stood at thirty-seven (37) equities appreciated in price during the week, higher than twenty-six (26) equities of the previous week. Twenty-one (21) equities depreciated in price, lower than thirty-six (36) equities of the previous week, while one hundred and seventeen (117) equities remained unchanged higher than one hundred and thirteen (113) equities recorded in the preceding week.


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