NGX traded N41.986bn shares last week

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Lagos, June 26, 2023 – A total of 3.369 billion shares worth N41.986 billion were traded in 39,764 deals on the Nigerian Exchange (NGX) last week.

This was against the 4.276 billion shares valued at N62.176 billion that exchanged hands in 44,344 deals in the preceding week.

 The Financial Services Industry, measured by volume, led the activity chart with 2.515 billion shares valued at N23.030 billion traded in 19,895 deals.

The industry contributed 83.8 percent and 66.06 percent to the total equity turnover volume and value, respectively.

The Oil and Gas Industry followed with 162.226 million shares worth N4.174 billion in 2,953 deals.

The third place was taken by the Conglomerates Industry with a turnover of 148.138 million shares worth N530.633 million traded in 1,962 deals.

Transactions in the top three equities namely Universal Insurance, United Bank for Africa, and Guaranty Trust Holding Company, measured by volume, accounted for 865.658 million shares worth N12.138 billion traded in 4,786 deals.

They contributed 25.70 percent and 28.91 percent to the total equity turnover volume and value, respectively.

Sixty-two equities appreciated in price during the week, lower than 77 in the previous week.

Thirty-five equities depreciated in price, higher than 24 in the previous week, while 59 equities remained unchanged, higher than 55 recorded in the previous week.

The NGX All-Share Index and Market Capitalisation appreciated by 0.34 percent to close the week at 59,206.63 and N32.237 trillion, respectively. (GBN)

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