A turnover of 3.725 billion shares worth of N75.874 billion in 39,060 deals were traded last week by investors on the fl oor of The Exchange in contrast to a total of 1.917 billion shares valued at N25.133 billion that exchanged hands the previous week in 32,368 deals. The Financial Services sector (measured by volume) led the activity chart with a turnover of 1.702 billion shares valued at N14.698 billion traded in 19,826 deals. The Financial Services sector represented 45.68 per cent, 19.37 per cent and 50.76 per cent of the total traded volume, value and deals respectively.
The Conglomerates sector followed with a turnover volume of 597.153 million shares worth N1.052 billion in 1,410 deals contributing 16.03 per cent, 1.39 per cent and 3.61 per cent of the total equity turnover volume, value and deals respectively. The ICT sector came third with a turnover volume of 516.087 million shares worth N1.007 billion in 264 deals.
Trading in the top three equities namely Transnational Corporation of Nigeria Plc, IHS Plc and Dangote Cement Plc (measured by turnover volume) accounted for 1.348 billion shares worth N48.722 billion in 1,692 deals contributing 36.19 per cent, 64.22 per cent and 4.33 per cent to the total equity turnover volume, value and deals respectively.
Traded during the week were 197 units of NewGold Exchange Traded Funds (ETFs) valued at N421, 356 executed in four deals compared with a total of 234 units valued at N504, 991 transacted the previous week in fi ve deals.
Also, 1,770 units of FGN bonds valued at N194, 830 were traded during the week in 15 deals in contrast to 1,100 units valued at N123, 765 transacted the previous week in seven deals.
INDEX MOVEMENT
The NSE All-Share Index depreciated by 5.85 per cent to close on Friday at 37,249.93 while the market capitalization of the listed equities on the main board also declined by 5.33 per cent to close at N11.967 trillion. Also, the NSE 30 Index inch down by 5.86 per cent to close at 1,779.74
All the NSE indices depreciated during the week: NSE Consumer Goods (7.05 per cent), NSE Banking (7.23 per cent), NSE Insurance (2.87 per cent), NSE Oil/Gas (5.82 per cent), NSE-Lotus II (7.21 per cent), NSE Industrial Goods (6.59 per cent) and NSEASeM (1.24 per cent).
SUMMARY OF PRICE CHANGES
Thirty four equities appreciated in prices during the week lower than 58 equities of the preceding week. Fiftytwo equities depreciated in prices higher than 26 equities of the preceding week, while 107 equities remained constant lower than 109 equities of the preceding week.
