Trading floor
From Benjamin a ameh, lagos
The NSE All-Share Index and Market Capitalization depreciated by 2.01% to close on Friday at 38,171.32 and N12.261 trillion respectively.
A turnover of 1.989 billion shares worth N15.098 billion in 21,948 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 2.145 billion shares valued at N18.487 billion that exchanged hands last week in 22,697 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.608 billion shares valued at N9.644 billion traded in 12,904 deals; thus contributing 80.83% and 63.87% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with a turnover of 149.215 million shares worth N738.887 million in 1,531 deals. The third place was occupied by the Consumer Goods Industry with 64.818 million shares worth N2.465 billion in 3,334 deals.
Trading in the top three equities namely- UBA Capital Plc, N.E.M Insurance Co. (Nigeria) Plc, and Access Bank Plc (measured by volume) accounted for 686.251 million shares worth N2.250 billion in 1,639 deals, contributing 34.50% and 14.90% to the total equity turnover volume and value respectively.
SUMMARY OF PRICE CHANGES
Eighteen (18) equities appreciated in prices during the week lower than Thirty-two (32) equities of the preceding week. Sixty-five (65) equities depreciated in prices higher than Fifty-four (54) equities of the preceding week, while one hundred and fifteen (115) equities remained unchanged higher than one hundred and twelve (112) equities in the previous week.
