Access Bank, Zenith Bank and NAHCo accounts for 497.482mn shares out of total turnover of 1.219 bn shares

The management of the trading floor of the Nigerian Stock Exchange (NSE) has published the traded data for the week ended on July 13, 2018 with three equities came top and they are namely: Access Bank Plc, Zenith International Bank Plc and Nigerian Aviation Handling Company Plc (NAHCO) by volume accounted for 497.482 million shares worth N6.619 billion in 2,251 deals, contributing 40.82% and 38.19% to the total equity turnover volume and value respectively.

While a total turnover of 1.219 billion shares worth N17.333 billion in 17,362 deals were traded by investors on the floor of the Exchange which showed a total of 1.842 billion shares valued at N16.594 billion that exchanged hands last week in 18,941 deals.

The report disclosed that the Financial Services Industry top the activity chart by volume with 842.823 million shares valued at N9.587 billion traded in 9,231 deals; thus contributing 69.15% and 55.31% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 113.667 million shares worth N4.657 billion in 3,120 deals. The Services Industry with a turnover of 105.623 million shares worth N519.813 million in 593 deals.

Also traded during the week were the Exchange Traded Products (ETPs) with a total of 79,304 units which valued at N1.491 million in 18 deals that was executed, compared with a total of 25,220 units valued at N454,438.90 that was transacted last week in 4 deals.

“A total of 13,517 units of Federal Government valued at N14.899 million were traded this week in 30 deals, compared with a total of 2,359 units valued at N2.188 million transacted last week in 24 deals.

“The NSE All-Share Index and Market Capitalization depreciated by 0.62% to close the week at 37,392.77 and N13.546 trillion respectively. Similarly, all other indices finished lower with the exception of the NSE Oil/Gas and the NSE Lotus II Indices that appreciated by 0.71% and 0.37% respectively.

“Of all equities traded on the floor of the NSE during the week, only twenty-one (21) equities appreciated in price during the week, lower than twenty-seven (27) in the previous week. Fifty-five (55) equities depreciated in price, higher than forty-five (45) equities of the previous week, while ninety-three (93) equities remained unchanged lower than ninety-seven (97) equities recorded in the preceding week.

Post Comment