Lagos, Nov. 27, 2023 – A total of 2.425 billion shares worth N22.665 billion were traded in 33,230 deals on the Nigerian Exchange (NGX) last week.
This was in contrast to the 2.025 billion shares valued at N27.693 billion exchanged in 32,763 deals in the preceding week.
The Financial Services Industry, measured by volume, led the activity chart with 1.721 billion shares valued at N11.647 billion traded in 14,585 deals.
The industry contributed 71.00% and 51.39% to the total equity turnover volume and value, respectively.
The Services industry followed with 185.692 million shares worth N424.729 million traded in 2,816 deals.
The third place was taken by the ICT Industry with a turnover of 139.865 million shares worth N4.440 billion traded in 2,971 deals.
Trading in the top three equities, Universal Insurance Plc, Veritas Kapital Assurance Plc, and Unity Bank, measured by volume, accounted for 809.400 million shares worth N492.625 million in 2,005 deals.
The three equities contributed 33.38% and 2.17% to the total equity turnover volume and value, respectively
Fifty-nine equities appreciated in price during the week higher than 54 equities in the preceding week.
Twenty-one equities depreciated in price, lower than 30 in the previous week, while 76 equities remained unchanged, higher than 72 recorded in the preceding week.
The NGX All-Share Index and Market Capitalisation appreciated by 0.17% to close the week at 71,230.48 and N39.173 trillion, respectively. (GBN)
