The floor of Nigerian Stock Exchange (NSE) recorded a total turnover of 1.738 billion shares worth N18.462 billion in 14,790 deals between Monday and Friday this week.
It’s 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 mark the end of the Holy Month of Ramadan and commemorate the Eid-al-Fitr celebrations.
This week’s transaction is in contrast to a total of 1.749 billion shares valued at N31.183 billion that exchanged hands last week in 24,604 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.170 billion shares valued at N9.695 billion traded in 7,809 deals; thus contributing 67.35% and 52.51% to the total equity turnover volume and value respectively.
The Services Industry followed with 293.492 million shares worth N733.407 million in 531 deals. The third place was occupied by Consumer Goods with a turnover of 154.093 million shares worth N4.997 billion in 3,002 deals.
Trading in the Top Three Equities namely – United Capital Plc, Ikeja Hotel Plc and United Bank For Africa Plc (measured by volume) accounted for 811.747 million shares worth N3.887 billion in 986 deals, contributing 46.71% and 21.05% to the total equity turnover volume and value respectively.
Also traded during the week were a total of 62,392 units of Exchange Traded Products (ETPs) valued at N1.004 million executed in 13 deals, compared with a total of 202,916 units valued at N1.168 million that was transacted last week in 19 deals.
Meanwhile, the NSE All-Share Index and Market Capitalization appreciated by 0.67 to close the week at 38,928.02 and N14.102 trillion respectively.
Similarly, all other indices finished higher with the exception of the NSE CG, NSE Consumer Goods and NSE Industrial Goods Indices that depreciated by 0.08%, 0.85% and 0.12% respectively, while the NSE ASeM Index closed flat.
