July 17, (THEWILL) – It was a brief trading week as the Federal Government of Nigeria declared Monday 11th and Tuesday 12th July 2022 as Public Holidays to commemorate the Eid el-Kabir celebration.
Meanwhile, a total turnover of 504.322 million shares worth N7.517 billion in 12,393 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 822.404 million shares valued at N10.366 billion that exchanged hands last week in 20,643
deals.
The Financial Services Industry (measured by volume) led the activity chart with 270.549 million shares valued at N 2.940 billion traded in 5,730 deals; thus contributing 53.65% and 9.11% to the total equity turnover volume and value respectively. The Services Industry followed with 74.980 million shares worth N168.626 million in 954 deals. The third place was The Oil and Gas Industry, with a turnover of 42.664 million shares worth N262.001 million in 798 deals.
Trading in the top three equities namely Guaranty Trust Holding Company Plc, Caverton Offshore Support Grp Plc and United Bank For Africa Plc (measured by volume) accounted for 164.202 million shares worth N1.859 billion in 1,937 deals, contributing 32.56% and 24.73% to the total equity turnover volume and value respectively.
For ETP, a total of 2,414 units valued at N962,254 were traded this week in 10 deals compared with a total of 5,099 units valued at N267,772.87 transacted last week in 17 deals.
For Bonds, a total of 747,022 units valued at N775.089 million were traded this week in 23 deals compared with a total of 156,646 units valued at N158.716 million transacted last week 41 deals.
The NGX All-Share Index and Market Capitalization appreciated by 1.27% and 1.28% to close the week at 52,215.12 and N28.158 trillion respectively.
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