The NGX All-Share Index and Market Capitalization depreciated by 1.08% to close the week at 51,355.74 and N27.963 trillion respectively.
The market opened for four trading days last week as the Federal Government of Nigeria declared Friday 21st April 2023 and Monday 24th April 2023 as Public Holidays to mark the Eid el-Fitr celebration.
A total turnover of 3.920 billion shares worth N15.620 billion in 16,856 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.824 billion shares valued at N10.964 billion that exchanged hands last week in 15,686 deals.
The Conglomerates Industry (measured by volume) led the activity chart with 3.050 billion shares valued at N5.964 billion traded in 1,379 deals; thus contributing 77.81% and 38.18% to the total equity turnover volume and value respectively. The Financial Services Industry followed with 707.962 million shares worth N6.175 billion in 8,430 deals. The third place was the Consumer Goods Industry, with a turnover of 43.155 million shares worth N1.026 billion in 2,223 deals.
Trading in the top three equities namely Transnational Corporation Plc, Access Holdings Plc and Fidelity Bank Plc (measured by volume) accounted for 3.302 billion shares worth N7.999 billion in 2,375 deals, contributing 84.23% and 51.21% to the total equity turnover volume and value respectively.
