Lagos, July 3, 2023 – Trading on the Nigerian Exchange (NGX) ended an upbeat note last week as the All-Share Index appreciated by 2.98 percent to close at 60,968.27.
The Market capitalisation also gained 2.98 per cent during the week to close at N33.198 trillion
A total of 2.314 billion shares worth N41.547 billion traded in 28,095 deals during the week.
The market opened for three days during the week due to the two public holidays declared by Federal Government on June 28 and June 29.
Last week’s transactions were in contrast to the 3.369 billion shares valued at N41.986 billion traded in 39,764 deals in the preceding week.
The Financial Services Industry, measured by volume, led the activity chart with 1.715 billion shares valued at N24.652 billion traded in 14,227 deals.
The sector contributed 74.09 percent and 59.33 percent to the total equity turnover volume and value, respectively.
The Conglomerates Industry followed with 98.423 million shares worth N379.169 million traded in 1,176 deals, while the third place was taken by the Consumer Goods Industry with 96.885 million shares worth N2.216 billion exchanged in 3,470 deals.
Trading in the top three equities of Access Holdings, UBA, and Guaranty Trust Holding, measured by volume, accounted for 844.596 million shares worth N16.302 billion in 5,493 deals.
The three top stocks contributed 36.49 percent and 39.24 percent to the total equity turnover and value respectively.
Seventy-seven equities appreciated in price during the week, higher than 62 equities in the preceding week.
Fifty-nine equities depreciated in price, higher than the 35 in the preceding week, while 20 equities remained unchanged, lower than the 59 recorded in the preceding week. (GBN)
