By Dipo Olowookere
A total of 2.715 billion shares worth N158.280 billion in 209,986 deals exchanged hands in five days on the floor of the Nigerian Exchange (NGX) Limited last week compared with the 3.166 billion shares valued at N155.023 billion completed in 206,662 deals a week earlier.
The financial services industry led the activity chart with 2.005 billion shares valued at N82.924 billion traded in 94,483 deals, contributing 73.84 per cent and 52.39 per cent to the total trading volume and value, respectively.
The consumer goods sector followed with 152.345 million shares worth N11.425 billion in 20,926 deals, and the ICT space transacted 117.296 million equities worth N15.256 billion in 22,556 deals.
Access Holdings, Zenith Bank, and UBA accounted for 1.020 billion shares worth N50.520 billion in 29,382 deals, contributing 37.56 per cent and 31.92 per cent to the total trading volume and value, respectively.
In the week, 24 equities appreciated versus 44 equities in the previous week, 54 stocks depreciated versus 37 stocks, and 68 shares remained unchanged compared with the 65 shares recorded in the preceding week.
Livestock Feeds gained 47.75 per cent to close at N13.15, Tripple Gee rose by 32.62 per cent to N3.09, Guinea Insurance chalked up 29.17 per cent to finish at 99 Kobo, Learn Africa improved by 19.61 per cent to N9.15, and Multi-Trex Integrated Foods surged by 16.67 per cent to 42 Kobo.
On the flip side, CMFC shed 20.27 per cent to quote at N3.58, ABC Transport declined by 18.24 per cent to 6.05, Japaul slipped by 11.11 per cent to N2.56 per cent, Fidelity Bank dropped by 10.64 per cent to N21.00, and Aradel Holdings lost 10.00 per cent to settle at N1,377.00.
The All-Share Index and the market capitalisation decreased by 0.97 per cent to 248,363.55 points and N161.260 trillion, respectively, with all other indices finishing lower except the industrial goods index, which appreciated by 0.02 per cent.
