By Taiye Olayemi

The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.35 per cent and 1.36 per cent to close the week at 148,977.64 and N94.561 trillion, respectively.
These figures compared favourably with 146,988.04 and N93.296 trillion recorded in the previous week.

 

Consequently, equities investors gained N1.265 trillion during the week under review.

 

Similarly, all other indices finished higher except NGX CG, NGX Banking, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth, NGX MERI Value, and NGX Growth Indices.

 

These depreciated by 0.19 per cent, 0.13 per cent, 0.51 per cent, 0.93 per cent, 0.97 per cent, 0.68 per cent, and 2.08 per cent, respectively.

 

A total turnover of 2.422 billion shares worth N76.618 billion in 126,591 deals was traded this week by investors.

 

This contrasted with 2.286 billion shares valued at N90.280 billion exchanged last week in 138,177 deals.

 

The Financial Services Industry led the activity chart with 1.662 billion shares worth N32.565 billion traded in 56,253 deals.

 

This accounted for 68.65 per cent and 42.50 per cent of the total equity turnover volume and value, respectively.

 

The ICT Industry followed with 184.884 million shares worth N8.662 billion in 11,500 transactions.

 

The Services Industry placed third with a turnover of 154.537 million shares worth N1.066 billion in 5,975 deals.

 

Trading in Consolidated Hallmark Holdings Plc, Fidelity Bank Plc, and Access Holdings Plc accounted for 618.549 million shares worth N9.220 billion in 9,277 deals.

 

These contributed 25.54 per cent and 12.03 per cent to the total equity turnover volume and value, respectively.

 

Fifty-two equities appreciated in price during the week, higher than 51 recorded in the previous week.

 

Forty-one equities depreciated in price, the same as the previous week, while 53 remained unchanged, lower than 55 recorded earlier.

 

The top five gainers were Sovereign Trust Insurance, Royal Exchange, Eunisell Interlinked, SFS Real Estate Investment Trust, and Omatek Ventures.

 

They gained 36k, 24k, N4.40, N37.65, and 13k, respectively.

 

The week’s top losers were Tripple Gee, Academy Press, Regency Alliance Insurance, Livingtrust Mortgage Bank, and Industrial and Medical Gases.

 

These declined by N1.14, N1.72, 23k, 70k, and N3.55 respectively.

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