Lagos, Nov. 6, 2023 – A total of 2.451 billion shares worth N40.570 billion were traded in 37,959 deals on the Nigerian Exchange (NGX) last week.
This was in contrast to the 1.446 billion shares valued at N25.418 billion which changed hands in 28,933 deals in the preceding week.
The Financial Services Industry, measured by volume, led the activity chart with 1.480 billion shares valued at N21.160 billion traded in 16,671 deals.
The industry contributed 60.39% and 52.16% to the total equity turnover volume and value, respectively.
The Oil and Gas Industry followed with 354.911 million shares worth N1.214 billion in 2,917 deals.
The third place was taken by the ICT Industry with a turnover of 175.216 million shares worth N8.218 billion in 3,759 deals.
Trading in the top three equities namely: Japual Gold & Ventures, United Bank for Africa, and Fidelity Bank, measured by volume, accounted for 835.584 million shares worth N8.631 billion in 5,514 deals.
The three equities contributed 34.09% and 21.27% to the total equity turnover volume and value respectively. (GBN)
