NSE ends trading week positive with 0.63% gain

Activities on the Nigerian stock exchange ended on a positive note last week despite some days of losses.

The all-share index and the market capitalization both appreciated by 0.63% to close the week at 25,199.84 and N13.46 trillion respectively.

A total turnover of 1.327 billion shares worth N13.934 billion in 19,392 deals were transacted last week by investors in contrast to a total of 1,065 billion shares valued at N10.798 billion exchanged in 20,482 deals the week before.

The financial services industry led the activity chart with 886.545 million shares worth N8.360 billion traded in 10.161 deals thus contributing 66.79% to equity turnover volume and 60.00% to value.

The conglomerates’ industry followed with 155.956 million shares valued at N187.728 million in 828 deals and the consumer goods industry trailed with a turnover of 141.099 million shares worth N2.229 billion in 3,403 deals.

Sectorally, all other indices finished higher with the exception of NSE30, NSE Premium, Banking, AFRDivYield, NSE MERI Value, LOtus and Industrial goods indices which depreciated by 0.31%,1.27%,0.03%,0.07%,0.01%,0.7% and 2.71% respectively while the NSE AseM closed flat.

Twenty- nine (29) equities appreciated in prices in the just concluded trading week. Thirty-three(33) equities depreciated in prices while one hundred and one(101) equities remained unchanged.


A total of 25,904 units valued at N169.443 million were traded last week in 17 deals compared with 118.062 units valued at N1.061 billion transacted in 26 deals the previous week.


For bonds, a total of 2,542 units valued at N3.412 million were traded last week in 7 deals compared with a total of 56,530 units worth N58.664 million transacted in 15 deals the previous week.



Source: Voice of Nigeria