The trio of Access Holdings, Wema Bank, and Guaranty Trust Holding Company (GTCO) contributed 33.45 per cent and 32.54 per cent to the total trading volume and value, respectively, of the Nigerian Exchange (NGX) Limited last week, with the sale of 1.124 billion units worth N49.451 billion in 27,886 deals.
The market opened for four trading days in the week due to the public holiday observed last Monday for Easter.
The bourse recorded a turnover of 3.361 billion shares valued at N151.948 billion in 229,442 deals compared with the 2.856 billion shares worth N113.597 billion traded a week earlier in 215,287 deals.
Analysis showed that financial equities led the activity chart with 2.303 billion units sold for N90.467 billion in 98,175 deals, accounting for 68.54 per cent and 59.54 per cent of the total trading volume and value, respectively.
Services shares transacted 264.146 million units worth N1.977 billion in 12,638 deals, and ICT stocks traded 214.578 million units valued at N9.791 billion in 28,183 deals.
Business Post reports that 25 equities appreciated in the week versus 29 equities in the previous week, while 54 stocks depreciated versus 57 stocks of the preceding week, and 67 shares closed flat versus 62 stocks of the previous week.
Trans-Nationwide Express gained 32.75 per cent to close at N3.77, NGX Group appreciated by 13.94 per cent to N188.00, GTCO rose by 10.66 per cent to N135.00, NASCON expanded by 9.52 per cent to N161.00, and Guinness Nigeria grew by 9.38 per cent to N462.90.
On the flip side, DAAR Communications lost 21.47 per cent to finish at N1.50, RT Briscoe shrank by 20.00 per cent to N8.40, Deap Capital declined by 16.81 per cent to N5.00, Ellah Lakes went down by 16.67 per cent to N10.00, and Japaul crashed by 16.29 per cent to N2.93.
At the close of business for the week, the All-Share Index (ASI) was up on a week-on-week basis by 1.03 per cent to 203,770.43 points, and the market capitalisation soared by 1.05 per cent to N131.166 trillion.
Also, all other indices finished higher except the insurance and growth sectors, which fell by 3.64 per cent and 1.82 per cent apiece.