Activities on the floor of the Nigerian Stock Exchange on Friday closed downside as the NSE All-Share Index and market capitalisation both dropped by 1.11 per cent to close the week at 27,755.87 and N14.46tn respectively.
All other indices finished lower with the exception of NSE AFR Div Yield and NSE Industrial Goods indices which appreciated by 0.11 per cent and 0.78 per cent respectively while NSE ASeM Index closed flat.
A total turnover of 912.175 million shares worth N12.13bn in 17,083 deals were traded last week by investors on the floor of the exchange in contrast to a total of 1.478 billion shares valued at N20.29bn that exchanged hands the previous week in 23,263 deals.
The financial services industry (measured by volume) led the activity chart with 624.219 million shares valued at N7.13bn traded in 9,640 deals; thus contributing 68.43 per cent and 58.79 per cent to the total equity turnover volume and value respectively.
The conglomerates followed with 93.2 million shares worth N452.09 million in 861 deals. The third place was oil and gas industry, with a turnover of 59.267 million shares worth N124.64 million in 1,254 deals.
Trading in the top three Equities namely, Zenith Bank Plc, Guaranty Trust Bank Plc and United Bank for Africa Plc (measured by volume) accounted for 304.089 million shares worth N5.79bn in 4,290 deals, contributing 33.34 per cent and 47.73 per cent to the total equity turnover volume and value respectively.
Nineteen equities appreciated in price during the week, higher than 15 equities in the previous week. Thirty-five equities depreciated in price, lower than 49 equities in the previous week, while 109 equities remained unchanged, higher than 99 equities recorded in the preceding week.
A total of 1,540 units valued at N137,421.20 were traded last week in five deals, compared with a total of 3,840 units valued at N12.03m transacted the previous week in eight deals. Punch
Pix: Nigeria stock market
