Lagos, Feb. 5, 2024 – A total of 3.893 billion shares worth N95.147 billion were traded in 69,117 deals on the Nigerian Exchange (NGX) last week.
This was in contrast to the 2.981 billion shares valued at N57.873 billion exchanged in 67,962 deals in the preceding week.
The Financial Services Industry, measured by volume, led the activity chart with 2.640 billion shares valued at N47.654 billion traded in 31,929 deals.
The industry contributed 67.81% and 50.08% to the total equity turnover volume and value, respectively.
The Oil and Gas Industry followed with 347.962 million shares worth N4.064 billion exchanged in 5,972 deals, while the third place was taken bt the Conglomerates Industry, with a turnover of 337.682 million shares worth N4.709 billion in 5,493 deals.
Trading in the top three equities of FBN Holdings, Transnational Corporation and United Bank for Africa, measured by volume, accounted for 961.288 million shares worth N21.390 billion in 9,966 deals.
The three equities contributed 24.70% and 22.48% to the total equity turnover volume and value, respectively.
Twenty-seven equities appreciated in price during the week lower than 35 equities in the preceding week.
Prices of 64 equities depreciated, lower than 65 in the previous week, while prices of 64 equities remained unchanged, higher than 55 in the previous week.
The NGX All-Share Index and Market Capitalization appreciated by 1.97% and 2.00% to close the week at 104,421.23 and N57.158 trillion, respectively. (GBN)
