NSE records N22.5 billion in equities in one week

A turnover of 2.083 billion shares worth N22.467 billion was recorded in 20,805 deals by investors on the floor of the Exchange last week,  in contrast to a total of 1.950 billion shares valued at N27.836 billion exchanged   in 19,337 deals during the preceding week.

  Specifically, the Financial Services Industry (measured by volume) led the activity chart with 1.645 billion shares valued at N10.726 billion traded in 12,348 deals; thus contributing 78.98 per cent and 47.74 per cent to the total equity turnover volume and value respectively. 

  The ICT Industry followed with a turnover of 148.155 million shares worth N609.070 million in 66 deals. The third place was occupied by the Conglomerates Industry with 122.735 million shares worth N1.013 billion in 1,305 deals.

  Trading in the top three equities- Access Bank Plc, United Bank for Africa Plc and Guaranty Trust Bank Plc (measured by volume) accounted for 749.043 million shares worth N6.637 billion in 4,558 deals, contributing 35.96 percent and 29.54 per cent to the total equity turnover volume and value respectively.

  Also traded during the week were 97,786 units of Exchange Traded Products (ETPs) valued at N2.074 million executed in 35 deals compared with a total of 112,499 units valued at N1.698 million transacted last week in 36 deals.

  Similarly, a total of 982 units of FGN bonds valued at N982,494.07 were executed in five deals.

  However, there was no activity recorded in debt board in the previous week.

  The NSE All-Share Index and Market Capitalization appreciated by 6.52per cent to close on Friday at 29,383.93 and N 9.804 trillion.

  Similarly, all indices finished higher during the week with exception of the NSE Insurance Index that declined by 0.58per cent , while NSE ASeM Index closed flat.

  Also, 40 equities appreciated in price during the week, higher than 11 equities of the preceding week. 26 equities depreciated in price, lower than 53 equities of the preceding week, while 130 equities remained unchanged lower than 132 equities recorded in the preceding week.

  The N34 Billion five-year 15.54 per cent  FGN Bond due 2020 issued by the Debt Management Office of the Federal Government of Nigeria (Government Bond) was admitted to trade at the Exchange on February 19th, 2015.

  Total amounts of N25,000,000,000.00 and N17,500,000,000.00 were added to the following bonds 14.20 per cent FGN MAR 2024, and 12.1493 per cent FGN JUL 2034 respectively in February 19th, 2014.