Nigeria Stock Market Last Week: Value of transactions up 30.12%

Investors in the Nigerian stock market traded a total turnover of 3.132 billion shares worth N76.552 billion in 61,456 deals this week on the floor of the Exchange.

The Nigerian Exchange Ltd.(NGX) weekly report made available in Lagos said this in contrast to 2.252 billion shares valued at N58.831 billion that exchanged hands last week in 63,657 deals.

Consequently, the value of transactions traded by investors on the Exchange advanced by 30.12 per cent.

The Financial Services Industry measured by volume led the activity chart with 2.336 billion shares valued at N33.014 billion traded in 27,100 deals.
This contributed 74.59 and 43.13 per cent to the total equity turnover volume and value respectively.

The Services industry followed with 284.988 million shares worth N807.646 million in 4,638 deals.

Third place was the Consumer Goods Industry, with a turnover of 139.010 million shares worth N5.704 billion in 6,469 deals.

Trading in the top three equities namely, Wema Bank…

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Nigeria Stock Market Last Week: Value of transactions up 30.12%

 

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