Lagos, Sept. 18, 2023 – A total of 2.933 billion shares worth N47.449 billion were traded in 44,654 deals on the Nigerian Exchange (NGX) last week.
This was in contrast to the 2.644 billion shares valued at N45.450 billion that exchanged hands in 44,189 deals in the previous week.
The Financial Services Industry, measured by volume, led the activity chart with 1.955 billion shares valued at N26.384 billion traded in 21,707 deals.
The industry contributed 66.67% and 55.61% to the total equity turnover volume and value, respectively.
The Oil and Gas Industry followed with 281.356 million shares worth N5.307 billion traded in 4,423 deals.
The third place was taken by the Conglomerates Industry with a turnover of 280.586 million shares worth N1.763 billion exchanged in 3,079 deals.
Trading in the top three equities, namely United Bank for Africa Plc, Transnational Corporation Plc and Access Holdings Plc, measured by volume, accounted for 1.026 billion shares worth N13.649 billion in 9,733 deals.
The three sectors contributed 34.98% and 28.77% to the total equity turnover volume and value, respectively.
Thirty-two equities appreciated in price during the week, lower than 52 equities in the previous week.
Fifty-three equities depreciated in price, higher than 35 in the previous week, while 70 equities remained unchanged, higher than 68recorded in the previous week.
The NGX All-Share Index and Market Capitalisation depreciated by 1.10% to close the week at 67,395.74 and N36.886 trillion, respectively. (GBN)
