Union Bank, Access Bank and Guaranty Trust Bank by volume accounts for 355.043 million shares weekly trades on the floor of NSE ended April 18th

Kindly Share This Story:

Among shares of stocks of companies that traded over the week through the floor of the nigerian stock exchange NSE three equities of banking  sector dominated the trading activities, they are Union Bank of Nigeria Plc, Access Bank Plc and Guaranty Trust Bank Plc by volume accounted for 355.043 million shares worth N4.845 billion in 2,133 deals, contributing 35.91% and 42.38% to the total equity turnover volume and value respectively.
The market opened for four trading days this week as the Federal Government of Nigeria declared Friday 19th April 2019 (Good Friday) and Monday 22nd April 2019 (Easter Monday) Public Holidays to mark the end of the End of the Lenten season and Easter celebrations.
Meanwhile, a total turnover of 988.692 million shares worth N11.432. billion in 13,596 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.770 billion shares valued at N15.264 billion that exchanged hands last week in 17,015 deals.
According to the report, Financial Services Industry  by volume led the activity chart with 766.191 million shares valued at N7.261 billion traded in 7,820 deals; thus contributing 77.50% and 63.51% to the total equity turnover volume and value respectively. The ICT Industry accounted for 74.769 million shares worth N24.600 million in 212 deals. While Consumer Goods Industry recorded a turnover of 48.022 million shares worth N3.095 billion in 2,374 deals.
“A total of 14,246 units of Federal Government Bonds valued at N14.980 million were traded this week in 17 deals compared with a total of 787,527 units valued at N795 million transacted last week in 26 deals.
“There was no Exchange Traded Products (ETPs) traded during the week compared with a total of 13,740 units valued at N215,010 that was transacted last week in 2 deals.
“The NSE All-Share Index and Market Capitalization appreciated by 1.78% to close the week at 30,086.31 and N11.301 trillion respectively. Similarly, all other indices finished higher with the exception of the NSE Oil/Gas Index that depreciated by 2.12%
Thirty-three (33) equities depreciated in price, higher than thirty-one (31) equities of the previous week, while one hundred and one (101) equities remained unchanged, the same with one hundred and one (101) equities recorded in the preceding week.
Four companies adjested their price during the week and they are Unilever of Nigeria Plc with closing price of N35.00 with dividend of N1.50 leaving N33.50 as share value, Fidelity Bank Plc also closed price at N1.99 given N0.11as a dividend leaving N1.88 as a share value while Fidson Healthcare Plc leave the price at N4.30 to pay N0.15 as dividend and N4.15 goes for share value also Chams Plc closed market with N0.36 to pay dividend ofN.03 while share value achored on N0.33 respectively.

Kindly Share This Story:

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

amehnews greetings

%d bloggers like this: