The Nigerian Exchange (NGX) says over 4.84 billion shares, valued at N287.75 billion, were traded in 332,453 deals, during trading in the stock market between Monday and Thursday.
Trading activities in the bourse last for four days due to the public holiday observed on Friday to celebrate Workers’ Day.
The value of shares traded increased by 34.49 percent when compared to the previous week’s 3.80 billion shares traded in 297,202 deals, worth N213.95 billion.
Also, the data provided by the NGX showed that the market capitalisation of the Nigerian stock market increased by 7.33 percent, from N145.33 trillion to N155.99 trillion.
In addition, the all-share index (ASI) appreciated by 16,555.32 basis points, from 225,722.49 ASI to 242,277.81 index.
TOP TRADING SECTORS
The financial services industry was the top trading sector by measure of volume, accounting for 3.75 billion shares, worth N124.39 billion, and traded in 146,938 deals:.
According to NGX trading data, the financial industry accounted for 77.56 percent and 43.23 percent of the total equity turnover volume and value, respectively.
Consumer goods industry took the second spot with 177 million shares, valued at N30.85 billion in 36,609 deals.
The third spot was occupied by the Services industry, which recorded a turnover of 176.80 million shares, worth N4.38 billion in 15,310 deals.
TOP TRADING EQUITIES
Access Holdings Plc, United Bank for Africa Plc and Wema Bank Plc are the top trading equities by measure of volume, after 2.02 billion of their shares were traded in 39,925 deals, worth N60.03 billion.
The financial institutions accounted for 41.85 percent and 20.86 percent of the total equity turnover volume and value, respectively.
TOP FIVE GAINERS
Zichis Agro reported a N6.18 kobo increase in its share price, after closing at N21.78 kobo, from N15.60 kobo per share.
The Initiates’ share price increased to N30.60 kobo, from N23, reflecting a N7.60 kobo surge.
UAC Nigeria’s share gained N39.50 kobo, as it grew from N142 to N181.50 kobo.
BUA Cement closed trading at N418 per share, rising by N83, from N335.
Chemical and Allied Products’ share price rose by N26.70 kobo during the week, from N118.50 kobo to N145.20 kobo.
TOP FIVE LOSERS
United Bank for Africa (UBA) recorded a N12.25 kobo decline in its share price, which dropped to N42.75 kobo, from N55 per share.
Royal Exchange share price declined by N0.34 kobo to N1.36 kobo, after opening with N1.70 kobo per share.
Trans-Nationwide Express share price dropped to N6.40 kobo, from N7.90 kobo, representing a N1.50 kobo decline.
Deap Capital recorded N0.71 kobo decline in its share price, after closing at N4.19 kobo, from N4.90 kobo per share.
First HoldCo saw a decline of N10.35 kobo in its share price, which dropped from N75 to N64.65 kobo per share.
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