Lagos, Jan. 22, 2024 – A total of 5.179 billion shares worth N77.797 billion were traded in 79,012 deals on the Nigerian exchange (NGX) last week.
This was in contrast to the 5.719 billion shares valued at N88.828 billion exchanged in 80,064 deals in the preceding week.
The Financial Services Industry, measured by volume, led the activity chart with 3.191 billion shares valued at N33.413 billion in 36,276 deals.
The sector contributed 61.60% and 42.95% to the total equity turnover volume and value, respectively.
The Conglomerates Industry followed with 473.638 million shares worth N8.185 billion traded in 6,325 deals.
The third place was taken by the Consumer Goods Industry with 460.149 million shares worth N17.484 billion traded in 12,550 deals.
Trading in the top three equities, namely -Transnational Corporation, Jaiz Bank and AIICO Insurance, measured by volume, accounted for 1.093 billion shares worth N9.501 billion in 10,047 deals.
The three equities contributed 21.09% and 12.21% to the total equity turnover volume and value, respectively.
Eighty-one equities appreciated in price during the week, higher than the 75 equities in the previous week.
Price of 58 equities depreciated, higher than the 23 in the preceding week, while 16 equities remained unchanged, lower than the 57 recorded in the previous week.
The NGX All-Share Index and Market Capitalization appreciated by 13.84% and 13.85% to close the week at 94,538.12 and N51.735 trillion, respectively. (GBN)
