Nigerian Stock Market Turnover Declines By N32b In 5 Days

0

A total turnover of 2.182 billion shares worth N22.795 billion in 17,019 deals was traded this week by investors on the floor of the Exchange in contrast to a total of 2.804 billion shares valued at N54.776 billion that exchanged hands last week in 17,792 deals, says the Nigeria Stock Exchange (NSE), BrandSpur Nigeria reports.

The Financial Services Industry (measured by volume) led the activity chart with 1.755 billion shares valued at N11.571 billion traded in 8,730 deals; thus contributing 80.44% and 50.76% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 178.154 million shares worth N8.655 billion in 4,457 deals. The third place was occupied by Services Industry with a turnover of 143.821 million shares worth N92,479 million in 470 deals.

The Consumer Goods Industry followed with 178.154 million shares worth N8.655 billion in 4,457 deals. The third place was occupied by Services Industry with a turnover of 143.821 million shares worth N92,479 million in 470 deals.

Trading in the Top Three Equities namely – Wapic Insurance Plc, Zenith International Bank Plc and United Bank for Africa Plc (measured by volume) accounted for 973.088 million shares worth N5.854 billion in 2,493 deals, contributing 44.59% and 25.68% to the total equity turnover volume and value respectively.

Also traded during the week were a total of 127 units of Exchange Traded Products (ETPs) valued at N13,837.30 executed in 5 deals.

BrandSpur Nigeria reports that the NSE All-Share Index and Market Capitalization appreciated by 1.80% and 1.84% to close the week at 37,365.91 and N13.009 trillion respectively. Similarly, all other indices finished higher during the week with the exception of the NSE Oil/Gas Index which depreciated by 1.45% while the NSE ASeM Index closed flat.

A total of 9,024 units of Federal Government Bonds valued at N9.485 million were traded this week in 15 deals, compared with a total of 5,950 units valued at N6.247 million transacted last week in 2 deals.

36 equities appreciated in price during the week, higher than 20 in the previous week. 24 equities depreciated in price, lower 43 equities from the previous week, while 111 equities remained unchanged higher than 108 equities recorded in the preceding week.

Trading in the Top Three Equities namely – , and (measured by volume) accounted for 973.088 million shares worth N5.854 billion in 2,493 deals, contributing 44.59% and 25.68% to the total equity turnover volume & value respectively

 

Share this!

Leave a Reply

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

Show Buttons
Hide Buttons