Equity Turnover Drops to N13.5bn in 5 Days

Must Read

- Advertisement -

A total turnover of 1.113 billion shares worth N13.465 billion in 15,036 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.290 billion shares valued at N13.873 billion that exchanged hands last week in 17,307 deals.

The Financial Services Industry (measured by volume) led the activity chart with 926.286 million shares valued at N9.696 billion traded in 9,906 deals; thus contributing 83.25% and 72.01% to the total equity turnover volume and value respectively. The ICT Industry followed with 73.076 million shares worth N14.664 million in 35 deals. The third place was the Consumer Goods Industry with a turnover of 36.749 million shares worth N2.562 billion in 2,301 deals.

Equity Turnover Drops to N13.5bn in 5 Days - Brand Spur

Trading in the Top Three Equities namely, FBN Holdings Plc, Zenith Bank Plc and Diamond Bank Plc (measured by volume) accounted for 551.865 million shares worth N6.602 billion in 3,116 deals, contributing 49.60% and 49.03% to the total equity turnover volume and value respectively.

- Advertisement -

Also traded during the week were a total of 10,598 units of Exchange Traded Products (ETPs) valued at N1.355 million executed in 5 deals compared with a total of 2,971 units valued at N766,883.30 that was transacted last week in 7 deals.

Read Also:  Sir Martin Sorrell Resigns as Chief of WPP Advertising Agency

A total of 201units of Federal Government Bonds valued at N205,083.12 were traded this week in 2 deals compared with a total of 15,496 units valued at N15.750 million transacted last week in 12 deals.

The NSE All-Share Index and Market Capitalization depreciated by 2.45% to close the week at 31,142.72 and N11.614 trillion respectively.

Similarly, all other indices finished lower with the exception of the NSE ASeM and NSE Oil/Gas indices which appreciated by 0.21% and 0.09% respectively.

- Advertisement -

Eighteen (18) equities appreciated in price during the week, lower than twenty-four (24) in the previous week. Forty-five (45) equities depreciated in price, higher than thirty-seven (37) equities of the previous week, while one hundred and five (105) equities remained unchanged lower than one hundred and seven (107) equities recorded in the preceding week.

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

India Smartphone Shipments Soar 26% YoY to 39 Million in Q1 2021

Half the World Owns a Smartphone – Report

According to new research from Strategy Analytics, half the world’s entire population now owns a smartphone in June 2021. Some 4 billion people use a smartphone...
- Advertisement -
spot_imgspot_img

Latest News

Half the World Owns a Smartphone – Report

According to new research from Strategy Analytics, half the world’s entire population now owns a smartphone in June 2021. Some 4...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img