This was how stock market performed this week


This is how the stock market performed at the end of the last trading day on the Nigerian Stock Exchange.

There was a total turnover of 990.584 million shares worth NGN18.823 billion in 14,917 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.340 billion shares valued at NGN8.9 billion that exchanged hands last week in 15,733 deals.

The Financial Services Industry (measured by volume) led the activity chart with 664.647 million shares valued at NGN3.8 billion traded in 8,056 deals; thus contributing 67.10% and 20.70% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 133.641 million shares worth NGN2.6 billion in 2,653 deals.

The third place was occupied by Conglomerates Industry with a turnover of 63.189 million shares worth NGN88.8 million in 635 deals. Trading in the Top Three Equities namely – Zenith International Bank Plc, Champion Breweries Plc and Diamond Bank Plc (measured by volume) accounted for 252.189 million shares worth NGN1.8 billion in 1,841 deals, contributing 25.46% and 9.68% to the total equity turnover volume and value respectively.

Also traded during the week were a total of 8,519 units of Exchange Traded Products (ETPs) valued at NGN527,483.35 executed in 10 deals, compared with a total of 44 units valued at NGN79,568.30 transacted last week in 12 deals.

A total of 59,299 units of Federal Government Bonds valued at NGN56.3 million were traded this week in 6 deals, compared with a total of 6,449 units valued at NGN6.6 million transacted last week in 9 deals.

The NSE All-Share Index and Market Capitalization appreciated by 0.40% to close the week at 26,328.22 and NGN9.0 trillion respectively. Similarly, all other Indices finished higher during the week with the exception of the NSE Premium Index that depreciated by 0.13% while the NSE ASem Index closed flat.

29 equities appreciated in price during the week, lower than 30 equities of the previous week. 30 equities depreciated in price, higher than 27 equities of the previous week, while 116 equities remained unchanged lower than 118 equities recorded in the preceding week.

Top 10 Price Gainers Company-  Unity Bank Plc , Oando Plc , Stanbic Ibtc Holdings Plc , Champion Breweries Plc, Forte Oil Plc , Wema Bank Plc  Npf Micro Finance Bank Plc  Total Nigeria Plc , Neimeth International Pharmaceuticals Plc , Seplat Petroleum Development Company Ltd .

Top 10 Price Decliners – Honeywell Flour Mill , Mrs Oil Nigeria Plc ,Sterling Bank Plc , Caverton Offshore Support Grp Plc , Livestock Feeds Plc, Transnational Corporation Of Nig Plc , A. G. Leventis Nigeria Plc , Custodian And Allied Plc , National Aviation Handling Company Plc , Trans Nationwide Express Plc.

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