Following sustained profit takings, the NSE All-Share Index and market capitalization depreciated by 1.13 per cent to close last week at 42,638.83 and N15.302 trillion respectively.
Similarly, all other indices finished lower last week with the exception of the NSE Pension Index that appreciated by 0.08 per cent, while the NSE ASeM Index closed flat.
Further analysis of the weekly transactions showed that a total turnover of 2.940 billion shares worth N27.924 billion in 28,570 deals were traded last week by investors on the floor of the Exchange in contrast to a total of 4.426 billion shares valued at N24.236 billion that exchanged hands the previous week in 29,573 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.174 billion shares valued at N17.033 billion traded in 19,013 deals; thus contributing 73.96 per cent and 61.00 per cent to the total equity turnover volume and value respectively.
The Services Industry followed with 232.482 million shares worth N216.990 million in 734 deals. The third place was occupied by Conglomerates Industry with a turnover of 170.422 million shares worth N499.400 million in 1,578 deals.
Trading in the top three equities namely – Linkage Assurance Plc, Skye Bank Plc and FCMB Group Plc (measured by volume) accounted for 809.798 million shares worth N1.130 billion in 2,551 deals, contributing 27.55 per cent and 4.04 per cent to the total equity turnover volume and value respectively.
Thirty equities appreciated in price last the week, higher than 23 of the previous week. Forty-eight equities depreciated in price, lower than 64 equities of the previous week, while 94 equities remained unchanged higher than 85 equities recorded in the preceding week.
Also traded last week were a total of 25,586 units of Exchange Traded Products (ETPs) valued at N3.004 million executed in 11 deals, compared with a total of 1.200 million units valued at N6.951 million that was transacted the previous week in 10 deals.
A total of 2,785 units of Federal Government Bonds valued at N2.627 million were traded last week in 16 deals, compared with a total of 14,779 units valued at N14.050 million transacted the previous week in 18 deals.
