NGX Exchange

The NGX All-Share Index and Market Capitalization Appreciated by 0.20%, and 0.26% to close the week at 65,325.37 and N35.572 trillion respectively.

A total turnover of 1.741 billion shares worth N25.087 billion in 30,652 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 2.575 billion shares valued at N29.615 billion that exchanged hands last week in 37,713 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.244 billion valued at N12.616 billion traded in 13,398 deals; thus contributing 71.43% and 50.29% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 133.034 million shares worth N575.673 million in 1,572 deals. The third place was the ICT Industry, with a turnover of 87.649 million shares worth N2.292 billion in 2,404 deals.

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Trading in the top three equities namely Sterling Financial Holdings Company Plc, FBN Holdings Plc, and Universal Insurance Plc (measured by volume) accounted for 518.847 million shares worth N3.917 billion in 1,901 deals, contributing 29.80% and 15.61% to the total equity turnover volume and value respectively.

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