Lagos: Investors in the stock market traded 3.281 billion shares worth N63.517 billion in 60,782 transactions on the Nigerian Exchange Ltd. (NGX) during the week.

According to News Agency of Nigeria, this marked a significant increase when compared to the 1.818 billion shares valued at N47.226 billion exchanged in 64,222 deals the previous week.

The value of transactions traded by investors on the Exchange saw a substantial rise of 34.5 per cent. The Financial Services Industry led the activity chart, trading 2.302 billion shares valued at N25.014 billion in 27,625 deals. This sector contributed 70.17 per cent and 39.38 per cent to the total equity turnover volume and value respectively.

The Consumer Goods industry claimed the second spot with 421.846 million shares worth N3.796 billion in 6,149 deals, while the Services Industry secured third place with a turnover of 228.075 million shares worth N800.274 million in 4,741 deals.

The top three equities traded were Sovereign Trust Insurance Plc, Champion Breweries Plc, and Jaiz Bank Plc, accounting for 1.621 billion shares worth N3.244 billion in 1,528 deals. This represented 49.42 per cent and 5.11 per cent of the total equity turnover volume and value respectively.

During the week, 38 equities appreciated in price, which is an increase from the 30 equities in the previous week. Conversely, 46 equities saw a depreciation in price, a decline from 58 in the preceding week, while 66 equities remained unchanged, up from 62 recorded earlier.

The top five decliners for the week were Neimeth International Pharmaceutical, Mecure Industries, International Energy Insurance, University Press, and Conoil, which lost 51k, N1.30, 20k, 48k, and N36.80, respectively. On the other hand, Livestock Feeds, Caverton Offshore Support Group, FTN Cocoa Processors, CWG, and Tantalizer emerged as the top five gainers for the week, with growth rates of 22.16 per cent, 15.38 per cent, 14.20 per cent, 13.21 per cent, and 13.14 per cent, respectively, translating to gains of N1.85, 40k, 23k, N1.05, and 34k.

Lagos: Investors in the stock market traded 3.281 billion shares worth N63.517 billion in 60,782 transactions on the Nigerian Exchange Ltd. (NGX) during the week.

According to News Agency of Nigeria, this marked a significant increase when compared to the 1.818 billion shares valued at N47.226 billion exchanged in 64,222 deals the previous week.

The value of transactions traded by investors on the Exchange saw a substantial rise of 34.5 per cent. The Financial Services Industry led the activity chart, trading 2.302 billion shares valued at N25.014 billion in 27,625 deals. This sector contributed 70.17 per cent and 39.38 per cent to the total equity turnover volume and value respectively.

The Consumer Goods industry claimed the second spot with 421.846 million shares worth N3.796 billion in 6,149 deals, while the Services Industry secured third place with a turnover of 228.075 million shares worth N800.274 million in 4,741 deals.

The top three equities traded were Sovereign Trust Insurance Plc, Champion Breweries Plc, and Jaiz Bank Plc, accounting for 1.621 billion shares worth N3.244 billion in 1,528 deals. This represented 49.42 per cent and 5.11 per cent of the total equity turnover volume and value respectively.

During the week, 38 equities appreciated in price, which is an increase from the 30 equities in the previous week. Conversely, 46 equities saw a depreciation in price, a decline from 58 in the preceding week, while 66 equities remained unchanged, up from 62 recorded earlier.

The top five decliners for the week were Neimeth International Pharmaceutical, Mecure Industries, International Energy Insurance, University Press, and Conoil, which lost 51k, N1.30, 20k, 48k, and N36.80, respectively. On the other hand, Livestock Feeds, Caverton Offshore Support Group, FTN Cocoa Processors, CWG, and Tantalizer emerged as the top five gainers for the week, with growth rates of 22.16 per cent, 15.38 per cent, 14.20 per cent, 13.21 per cent, and 13.14 per cent, respectively, translating to gains of N1.85, 40k, 23k, N1.05, and 34k.