For the week ended June 22, 2018, trading in the shares of United Bank for Africa Plc (UBA), Zenith International Bank Plc and FBN Holdings Plc accounted for 325.580 million shares worth N4.854billion in 3,381 deals, contributing 29.68% and 31.37% to the total equity turnover volume and value respectively.
Also traded during the week were a total of 61 units of Exchange Traded Products (ETPs) valued at N899.80 executed in 7 deals, compared with a total of 62,392 units valued at N1.004 million that was transacted in the previous week in 13 deals.
It was a four-day trading session this week as the Federal Government of Nigeria declared Friday June 15th and Monday June 18th 2018 public holidays to commemorate the Eid-al-Fitr celebrations.
Meanwhile, a total turnover of 1.097 billion shares worth N15.471 billion in 16,288 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.738 billion shares valued at N18.462 billion that exchanged hands last week in 14,790 deals.
The Financial Services Industry (measured by volume) led the activity chart with 816.547 million shares valued at N9.425 billion traded in 9,263 deals; thus contributing 74.44% and 60.92% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 76.361 million shares worth N2.992 billion in 2,545 deals. The third place was occupied by Oil and Gas Industry with a turnover of 51.600 million shares worth N594.590 million in 1,744 deals.
A total of 370 units of Federal Government valued at N371,261.96 were traded this week in 3 deals, compared with a total of 9,850 units valued at N9.999 million transacted last week in 10 deals.
The NSE All-Share Index and Market Capitalization depreciated by 2.74% to close the week at 37,862.53 and N13.716 trillion respectively.
Similarly, all other indices finished lower with the exception of the NSE Insurance Index that
appreciated by 3.55%, while the NSE ASeM Index closed flat.
