A total turnover of 7.772 billion equities worth N374.040 billion in 402,945 deals was recorded by the Nigerian Exchange (NGX) Limited last week compared with the 7.075 billion equities worth N324.351 billion traded in 474,436 deals a week earlier.
Data from the stock exchange showed that the financial services industry led the activity chart with 4.774 billion shares valued at N196.352 billion in 153,515 deals, contributing 61.43 per cent and 52.49 per cent to the total trading volume and value, respectively.
The ICT segment followed with 1.118 billion stocks worth N57.825 billion in 44,622 deals, and the services sector transacted 601.745 million equities for N6.984 billion in 27,653 deals.
First Holdco, UBA, and Chams accounted for 2.195 billion shares worth N99.820 billion in 30,056 deals, contributing 28.24 per cent and 26.69 per cent to the total trading volume and value, respectively.
Berger Pains led the gainers’ chart after gaining 55.57 per cent to trade at N168.95, SCOA Nigeria improved by 45.92 per cent to N33.05, DAAR Communications expanded by 42.41 per cent to N2.25, Fidson rose by 32.52 per cent to N136.50, and Learn Africa grew by 32.32 per cent to N10.85.
On the flip side, Zichis led the losers’ table after it gave up 11.78 per cent to settle at N29.43, The Initiates declined by 10.03 per cent to N32.30, NPF Microfinance Bank depreciated by 10.00 per cent to N5.76, NCR Nigeria shed 10.00 per cent to quote at N179.10, and Custodian Investment crashed by 9.52 per cent to N81.25.
At the close of transactions in the five-day trading week, 74 equities appreciated versus 69 equities in the previous week, 24 stocks depreciated versus 36 stocks a week earlier, and 48 shares closed flat versus 41 shares of the preceding week.
Last week, the All-Share Index (ASI) gained 2.27 per cent to finish at 250,330.92 points, and the market capitalisation chalked up 2.13 per cent to end at N160.444 trillion.
Similarly, all other indices finished higher apart from the energy, sovereign bond, and commodity indices, which fell by 1.19 per cent, 0.08 per cent and 0.80 per cent, respectively.