Management of The Nigerian Stock Exchange (The NSE) at this weekend released weekly traded data shown the Zenith International Bank Plc, FBN Holdings Plc and Diamond Bank Plc equities as the top three measured by volume which they accounted for 632.027 million shares worth N8.494 billion in 5,616 deals, contributing 34.13% and 16.49% to the total equity turnover volume and value respectively.
Also the Financial Services Industry by volume led the activity chart with 1.377 billion shares valued at N17.137 billion traded in 14,334 deals; thus contributing 74.35% and 33.26% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 175.880 million shares worth N8.044 billion in 4,882 deals. While the Conglomerates Industry recorded a turnover of 134.882 million shares worth N821.653 million in 1,108 deals.
The overall traded records shown a total turnover of 1.852 billion shares worth N51.523 billion in 23,863 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.316 billion shares valued at N36.451 billion that exchanged hands last week in 29,771 deals.
“Also traded during the week were a total of 1,120 units of Exchange Traded Products (ETPs) valued at N14,179.00 executed in 4 deals, compared with a total of 1.189 million valued at N11.662 million that was transacted last week in 30 deals.
“A total of 5,382 units of Federal Government Bonds valued at N5.680 million were traded this week in 17 deals, compared with a total of 5,240 units valued at N4.406 million transacted last week in 23 deals
“The NSE All-Share Index depreciated by 2.09% while the Market Capitalization appreciated by 0.04 to close the week at 38,436.08 and N13.678 trillion respectively. In addition, all other indices finished lower during the week with the exception of the NSE Consumer Goods, NSE Oil/Gas and NSE Lotus II Indices that appreciated by 0.68%, 4.54%, and 0.71% respectively while the NSE ASeM closed flat.
Out of all equities listed on the floor of The NSE, Sixteen (16) of the equities appreciated in price during the week, lower than forty-seven (47) of the previous week. While Forty-six (46) equities depreciated in price, higher than twenty (20) equities of the previous week, leaving one hundred and ten (110) equities remained unchanged in price higher than one hundred and five (105) equities recorded in the preceding week.