CBN Advert

newscorner

Business news

NSE recorded N39.99bn turnover last week

No Comments Share:

The Nigerian Stock Exchange, in the whole of last week, recorded a total turnover of 3.079 billion shares worth N39.99bn in 23,086 deals undertaken by investors on the floor of the Exchange.

This was an improvement compared to the 2.170 billion shares valued at N39.087bn that exchanged hands the penultimate week in 24,657 deals.

The financial services industry (measured by volume) led the activity chart with 2.288 billion shares valued at N29.585bn traded in 13,188 deals; thus contributing 74.3 per cent and 73.98 per cent to the total equity turnover volume and value, respectively.

The oil and gas industry followed with 386.811 million shares worth N1.273bn in 1,573 deals. The third place was occupied by the consumer goods industry with a turnover of 205.245 million shares worth N5.803m in 4,959 deals.

Trading in the top three equities namely – Access Bank Plc, Capital Oil Plc and Zenith International Bank Plc (measured by volume) – accounted for 1.677 billion shares worth N20.413bn in 2,476 deals, contributing 54.48 per cent and 51.05 per cent to the total equity turnover volume and value, respectively.

Also traded during the week were a total of four units of the Exchange Traded Products valued at N22,400 executed in one deal, compared with a total of 50,547 units valued at N4.593m that was transacted the previous week in 12  deals.

A total of 2,823 units of Federal Government Bonds valued at N2.642m were traded last week in 21 deals, compared with a total of 6,574 units valued at N6.332m transacted the penultimte week in 31 deals.

The NSE All-Share Index and market capitalisation appreciated by 0.68 per cent to close the week at 43,167.86 and N15.508tn, respectively. Similarly, all other indices finished higher during the week with the exception of the NSE Premium, NSE ASeM, NSE Banking and NSE Insurance indices that depreciated by 0.25 per cent, 1.76 per cent, 1.08 per cent and 0.74 per cent, respectively

Previous Article

FIRS to address double taxation in insurance sector

Next Article

Lagos, stakeholders disagree over Land Use Charge

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *