By Okoronkwo Imoh
Lagos – The value of traded shares on Friday appreciated by 9.8 per cent to N32.042 billion from N29.180 billion recorded in the previous week.
A turnover of 2.737 billion shares worth N32.042 billion in 32,217 deals were traded last week by investors on the floor of the Exchange in contrast to a total of 3.100 billion shares valued at N29.180 billion that exchanged hands the previous week in 33,677 deals.
The financial services Industry (measured by volume) led the activity chart with 2.180 billion shares valued at N21.792 billion traded in 18,832 deals; thereby contributing 79.98 per cent and 68.01 per cent to the total equity turnover volume and value respectively.
Conglomerate Industry followed with 287.945 million shares worth N621.11 billion in 2,031 deals. The third place was occupied by the Consumer Goods Industry with a turnover of 114.832 million shares worth N5.370 billion in 5,040 deals.
Trading in the top four equities namely – Access Bank Plc, Zenith International Bank and Transnational Incorporated Plc (measured by volume) accounted for 918.046 million shares worth N10.324 billion in 5,809 deals, contributing 33.53 per cent and 32.22 per cent to the total equity turnover volume and value respectively.
Also traded during the week were a total of 16,300 units of Exchange Traded Products (ETPs) valued at N973,376.00 executed in three deals, compared with a total of 40,317 million units valued at N17,841 million transacted the previous week in 12 deals.
A total of 12,193 units of Federal Government Bonds valued at N12.440 million were traded in 14 deals compared to a total of 10,860 units of Federal Government Bonds valued at N10.196 million transacted last week in 10 deals.
The NSE All-Share Index and Market Capitalisation appreciated by 1.60 and 1.63 per cent each to close the week at 33,810.56 and N11.692 trillion respectively.
Similarly, all other Indices finished higher during the week with the exception of NSE Insurance and NSE Industrial Goods Indices that depreciated by 0.09 per cent and 1.04 per cent respectively.
38 equities appreciated in price during the week, lower than 59 equities of the previous week. 42 equities depreciated in price, lower than 21 equities of the previous week, while 93 equities remained unchanged same as 193equities recorded in the preceding week.