The Nigerian Exchange Limited (NGX) says a total of 9.84 billion shares worth N305.84 billion were traded in 126,584 deals on the stock market between December 15 and December 19.
The NGX weekly market report showed that the transaction value was higher compared to the previous week, when investors traded 4.37 billion shares valued at N97.78 billion in 110,736 deals.
The figure indicates a 212.78 percent turnover increase within the five-day period.
The bourse also said the market capitalisation appreciated to N96.93 trillion this week, from the N95.26 trillion reported the previous week.
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The increase reportedly followed a 1.76 percent uptick in the all-share index (ASI), which rose from 149,433.26 ASI to 152,057.38 ASI.
TOP PERFORMING SECTORS
The report showed that the financial services industry was the top-performing sector by volume of shares traded, as investors exchanged 8.29 billion shares valued at N232.22 billion in 50,351 deals.
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The exchange said the sector contributed 84.22 percent and 75.93 percent to the total equity turnover volume and value, respectively.
The healthcare industry followed with 517.44 million shares traded in 2,979 deals, worth N3.47 billion.
Third place was the consumer goods industry, with a turnover of 392.76 million shares valued at N12.66 billion in 18,438 deals.
TOP THREE EQUITIES
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The bourse said Ecobank Transnational Incorporated Plc, First HoldCo Plc, and Access Holdings Plc were the top three traded stocks by volume.
The three companies, according to the exchange’s data, accounted for 6.42 billion shares, estimated at N204.62 billion in 11,362 deals.
Together, the NGX said they contributed 65.23 percent and 66.91 percent to the total equity turnover volume and value, respectively.
TOP GAINERS OF THE WEEK
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According to the report, Aluminium Extrusion Industries Plc’s share appreciated by N4.6 kobo, from N7.75 kobo per share to N12.35 kobo.
The share price of Mecure Industries Plc reportedly increased by N17.05 kobo to N55 kobo, from N37.95 kobo.
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The NGX said First HoldCo Plc’s share appreciated by N13.5 kobo per share, closing the week at N44.95 kobo from N31.45 kobo.
Guinness Nigeria Plc’s share gained N71.90 kobo, appreciating from N217.8 kobo to close the week at N289.7 kobo.
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Similarly, the NPF Microfinance Bank Plc closed the week at N3.74 per share, up from N3.1 kobo per share, indicating a gain of 64 kobo.
TOP DECLINERS OF THE WEEK
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Livingtrust Mortgage Bank Plc’s share depreciated by 43 kobo, moving from N3.78 kobo to N3.35 kobo.
Japaul Gold and Ventures Plc lost 28 kobo on its share price, closing at N2.38 kobo per share, against an opening price of N2.66 kobo.
The share price of International Energy Insurance Plc also declined to N2.27 kobo, losing 25 kobo from the N2.52 kobo per share it started the week with.
In addition, the bourse said FTN Cocoa Processors Plc’s share price declined from N4.9 kobo to N4.42 kobo per share, losing 48 kobo.
Also, Stanbic IBTC Holdings Plc reported a loss of N9.8 after its share value fell to N95.2 kobo from N105.
