NGX traded N22.7bn worth of shares last week

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Lagos, Feb. 13, 2022 – A total turnover of 944.293 million shares worth N22.710 billion were traded in 18,615 deals on the Nigerian Exchange (NGX) last week.

This was in contrast to the 3.789 billion shares valued at N27.500 billion traded in 20,333 deals in the preceding week.

The Financial Services Industry, measured by volume, led the activity chart with 634.086 million shares valued at N6.442 billion traded in 8,540 deals.

The sector contributed 67.15% and 28.37% to the total equity turnover volume and value, respectively.

The Consumer Goods Industry followed with 78.603 million shares worth N2.218 billion traded in 2,993 deals.

The Conglomerates Industry took the third place with a turnover of 59.564 million shares worth N110.109 million traded in 788 deals.

Trading in the top three equities namely Guaranty Trust Holding Company, Universal Insurance and Transnational Corporation, measured by volume, accounted for 269.288 million shares worth N2.999 billion in 1,845 deals, contributing 28.52% and 13.21% to the total equity turnover volume and value, respectively.

Twenty four equities appreciated in price during the week, lower than 55 equities in the preceding week.

Forty five equities depreciated in price higher than 27 in the previous week, while eighty-eight 88 equities remained unchanged, higher than seventy 75 equities in the preceding week.

The NGX All-Share index and market capitalisation appreciated by 0.21% to close the week at 54,327.30 and N29.591 trillion, respectively. (GBN)

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