Continental Reinsurance, Sterling Bank emerge top traded equities
Continental Reinsurance Plc, Sterling Bank Plc and Access Bank Plc (measured by volume) were the top traded equities last week as they accounted for 412.840 million shares worth ₦1.486bn in 817 deals.
The equities contributed 31.14 per cent and 10.55 per cent to the total equity turnover volume and value, respectively.
A total turnover of 1.326 billion shares worth ₦14.086bn in 14,703 deals were traded last week by investors on the floor of the Nigerian Stock Exchange in contrast to a total of 1.096 billion shares valued at ₦17.859bn that exchanged hands the penultimate week in 16,070 deals.
The financial services industry (measured by volume) led the activity chart with 1.060 billion shares valued at ₦7.339bn traded in 8,202 deals; thus contributing 79.95 per cent and 52.10 per cent to the total equity turnover volume and value, respectively.
The industrial goods industry followed with 91.351 million shares worth ₦2.784bn in 933 deals. The third place was occupied by consumer goods industry with a turnover of 70.187 million shares worth ₦3.395bn in 2,719 deals.
Also traded during last week were a total of 274 units of Exchange Traded Products valued at ₦636,147.90 executed in 18 deals compared with a total of 58 units valued at ₦90,475.00 transacted the penultimate week in five deals.
A total of 7,424 units of Federal Government bonds valued at ₦6.689m were traded last week in 18 deals, compared with a total of 178 units valued at ₦163,407.05 transacted the penultimate week in two deals.
The NSE All-Share Index and market capitalisation depreciated by 0.14 per cent to close the week at 35,439.98 and ₦12.217tn, respectively.
Similarly, all other indices finished lower during the week with the exception of the NSE Premium, the NSE Banking , the NSE Insurance, the NSE Oil/Gas, the NSE Lotus II and the NSE Pension indices that appreciated by 0.94 per cent, 1.17 per cent, 0.61 per cent, 0.52 per cent, 0.03 per cent, and 0.24 per cent, respectively.
Thirty-two equities appreciated in price during the week, higher than 25 of the previous week. Thirty-two equities depreciated in price, lower than 35 equities of the previous week, while 107 equities remained unchanged lower than 111 equities recorded in the preceding week.
0 Comments