By InvestAdvocate
Click here to download full PDF Report
Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) and market capitalisation dipped by 1.99 percent and 2.31 percent to close the week at 32,459.17 and N11.187 trillion respectively.
“Similarly, all other Indices finished lower during the week with the exception of the NSE Insurance and the NSE Industrial Goods Indice that appreciated by 1.10% and 0.22% while the NSE ASeM index closed flat,” the NSE weekly market report said.
At the close of the week’s trading on the domestic bourse, a total turnover of 1.061 billion shares worth N12.295 billion in 18,847 deals were traded investors on the floor of the Exchange compared to a total of 1.171 billion shares valued at N11.458 billion that exchanged hands last week in 13,763 deals.
The NSE Reports the Financial Services Industry measured by volume led the activity chart with 802.195 million shares valued at N7.331 billion traded in 11,334 deals; thus contributing 75.62 percent and 59.63 percent to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 109.378 million shares worth N174.604 million in 1,024 deals. The third place was occupied by Consumer Goods Industry with a turnover of 62.992 million shares worth N2.405 billion in 3,021deals.
Trading in the Top Three Equities namely – Zenith International Bank Plc, Transnational Corporation of Nigeria Plc and FBN Holdings Plc measured by volume accounted for 317.099 million shares worth N3.223 billion in 3,823 deals, contributing 29.89 percent and 26.21 percent to the total equity turnover volume and value respectively.
Also traded during the week were a total of 5 units of Exchange Traded Products (ETPs) valued at N484.85 executed in 1 deal compared with a total of 869,680 units valued at N19.150 million transacted last week in 16 deals.
A total of 358 units of Federal Government Bonds valued at N344,610.97 were traded this week in 7 deals, compared with a total of 7 units valued at N16,486.85 transacted last week in 1 deal.
A summary of price changes in the review week shows that 16 equities gained in price during the week, lower than than 40 reported the past week. On the flipside, 51 equities dipped in price, higher than 28 of the past week, while 105 equities remained unchanged same as 105 recorded in the preceding week.