The management of Nigerian Stock Exchange NSE through its trading floor released traded data shown an increase value of N5.350billion worth N29.180 billion represents 22.51 percent to a figure of N23.813 billion that exchanged hands last week while a total turnover of 3.100 billion shares in 33,677deals were traded this week closed on June 9th, 2017 in contrast to a total of 2.319 billion shares in 22,310 deals.
The reports also disclosed that Financial Services Industry measured by volume led the activity chart with 2.577 billion shares valued at N16.524 billion traded in 19,831 deals; thus contributing 83.15% and 56.63% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 173.544 million shares worth N985.456 million in 1,620 deals.
While the third place went to Consumer Goods Industry with a turnover of 161.347 million shares worth N3.540 billion in 5,275 deals. Trading in the Top Three Equities namely – FBN Holding Plc, Diamond Bank Plc, and ACCESS Bank Plc (measured by volume) accounted for 1.084 billion shares worth N6.522 billion in 7,095 deals, contributing 34.98% and 22.35% to the total equity turnover volume and value respectively, was also reported.
Traded during the week also revealed a total of 40.317 million units of Exchange Traded Products (ETPs) valued at N178.841 million executed in 12 deals compared with a total of 52 units valued at N13,802.70 transacted last week in 6 deals and a total of 10,860 units of Federal Government Bonds valued at N10.196 million were traded this week in 10 deals, compared with a total of 3,786 units valued at N3.806 million transacted last week in 4 deals.
The traded data also reported that Fifty-nine (59) equities appreciated in price during the week, lower than sixty-one (61) equities of the previous week. Twenty-one (21) equities depreciated in price, higher than twelve (12) equities of the previous week, while ninety-three (93) equities remained unchanged lower than one hundred (100) equities recorded in the preceding week.
“The NSE All-Share Index and Market Capitalization appreciated by 6.07% to close the week at 33,276.68 and N11.504 trillion respectively. Similarly, all other Indices finished higher during the week with the exception the NSE ASeM Index that depreciated by 1.74% while the NSE Insurance Index closed flat.”