NGX Traded N37.645bn Shares Last Week

A total of 2.854 billion shares worth N37.645 billion were traded in 41,547 deals by investors on the Nigerian Exchange (NGX) last week.

This was in contrast to the 4.182 billion shares valued at N99.048 billion that exchanged hands in 41,446 deals in the preceding week.

The Financial Services Industry, measured by volume, led the activity chart with 1.936 billion shares valued at N27.704 billion traded in 20,839 deals.

The sector contributed 67.84 percent and 73.59 percent to the total equity turnover volume and value, respectively.

The Oil and Gas Industry followed with 328.578 million shares worth N2.073 billion traded in 3,252 deals.

The third place was taken by the Conglomerates Industry with a turnover of 156.660 million shares worth N692.091 million traded in 2,139 deals.

Trading in the top three equities namely: FBN Holding, Japaul Gold & Ventures and United Bank for Africa, measured by volume, accounted for 988.076 million shares worth N13.278 billion and traded in 5,887 deals.

The three equities contributing 34.62 percent and 35.27 percent to the total equity turnover volume and value, respectively.

The NGX All-Share Index and Market Capitalization appreciated by 0.02 percent to close the week at 65,056.39 and N35.403 trillion, respectively.