BusinessFinancial Services Lift Equities Into Bullish Territory

Financial Services Lift Equities Into Bullish Territory

GTBCO FOOD DRINL

A total turnover of 1.410 billion shares worth N15.510 billion in 19,025 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 598.817 million shares valued at N14.234 billion that exchanged hands last week in 15,859 deals.

The Financial Services Industry (measured by volume) led the activity chart with 804.570 million shares valued at N6.300 billion traded in 9,922 deals; thus contributing 57.04% and 40.62% to the total equity turnover volume and value respectively. The Agriculture Industry followed with 357.623 million shares worth N287.992 million in 560 deals.

The third place was the Conglomerates Industry, with a turnover of 68.309 million shares worth N97.051 million in 530 deals.

Glo

Trading in the top three equities namely Access Holdings Plc, FTN Cocoa Processors Plc and Fidelity Bank Plc. (measured by volume) accounted for 800.622 million shares worth N3.373 billion in 2,051 deals, contributing 56.76% and 21.75% to the total equity turnover volume and value respectively.

For Exchange-Traded Products (ETP) a total of 4,577 units valued at N531,565.05 were traded in 28 deals compared with a total of 6,744 units valued at N1.725 million transacted last week in 26 deals.

A total of 121,712 units of bonds valued at N119.220 million were traded this week in 16 deals compared with a total of 1,963 units valued at N1.736 million transacted last week 6 deals

The NGX All-Share Index and Market Capitalization appreciated by 0.81% to close the week at 44,269.18 and N24.112 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX-Main Board, NGX CG, NGX Banking, NGX Pension, NGX Insurance, NGX-AFR Bank Value, NGX MERI Value,

NGX Consumer Goods, NGX Oil & Gas and NGX Sovereign Bond indices which depreciated by 0.44%, 0.27%, 1.87%, 0.44%, 1.35%, 0.79% 0.98% 2.32%, 5.37% and 1.36% respectively, while the NGX ASeM and NGX Growth indices closed flat.

About the Author

Recent Posts
Ask ZiVA 728x90 Ads

More like this
Related

Elegushi…14 Years On, Unscathed, Unsullied, Undaunted

April 26, (THEWILL)- It seemed just like yesterday when...

Tinubu Appoints Barikor As NESREA DG, Prince Amgbare New MD Of NDRBDA

April 26, (THEWILL)- President Bola Tinubu has approved the...

Veteran Actor Ganiyu Oyeyemi Is Dead

April 26, (THEWILL)- Nollywood actor in the Yoruba-speaking genre,...