A total of 2.66 billion shares valued at N106.26 billion were traded in 107,998 deals on the stock market, according to the Nigerian Exchange Limited (NGX).
The NGX weekly market report covering trading activities between November 17 and November 21, showed that the transaction value was lower compared to the previous week, when investors traded 7.32 billion shares valued at N156.42 billion in 134,383 deals.
The figure indicates a 32.06 percent turnover decrease within the five-day period.
The NGX data also said the market capitalisation shrank to N91.41 trillion this week, from the N93.50 trillion reported the previous week.
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According to the bourse, the decline followed a 2.24 percent drop in the all-share index (ASI), which fell from 147,013.59 to 143,722.62.
TOP PERFORMING SECTORS
The report showed that the financial services industry was the top-performing sector by volume of shares traded, as investors exchanged 1.82 billion shares valued at N44.80 billion in 45,297 deals.
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The exchange said the sector contributed 68.21 percent and 42.16 percent to the total equity turnover volume and value, respectively.
The services industry followed swiftly with 324.19 million shares traded in 8,018 deals, worth N1.76 billion.
The oil and gas industry was ranked third, with a turnover of 143.18 million shares worth N37.74 billion in 7,788 deals.
TOP THREE EQUITIES
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The bourse said Access Holdings Plc, Tantalizers Plc, and Zenith Bank Plc were the top three traded stocks by volume.
The three companies, according to the exchange’s data, accounted for 1.05 billion shares, worth N24.65 billion in 13,924 deals.
Together, NGX said they contributed 39.63 percent and 23.2 percent to the total equity turnover volume and value, respectively.
TOP GAINERS OF THE WEEK
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The report showed that NCR (Nigeria) Plc topped the gainers’ list, recording N15.5 kobo increase to close at N41.10 kobo per share, up from N25.60 kobo.
The University Press Plc followed, rising to N6 per share from N5.10 kobo — an increase of N0.90 kobo.
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Tantalizers Plc share price gained N0.37 kobo to close the week at N2.51 kobo per share, up from N2.14 kobo.
Caverton Offshore Support Group Plc’s share price moved up a notch to N5.5 kobo, from N4.70 kobo, after gaining N0.80 kobo.
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The data showed that the share price of the UACN Plc also appreciated, closing at N70 per share from N60, an increase of N10.
TOP DECLINERS OF THE WEEK
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The NGX said the International Energy Insurance Plc lost N0.60 kobo to close the week at N2.12 kobo per share, down from N2.72 kobo.
Mcnichols Plc was said to have lost N0.45 kobo, ending at N2.57 kobo per share compared to its opening price of N3.02 kobo.
Veritas Kapital Assurance Plc share price declined by N0.48 kobo to close at N1.60 per share, from N1.88 kobo.
Aiico Insurance Plc saw its share price drop by N0.50 kobo to N3.15 kobo, from an opening price of N3.65.
Also, Livingtrust Mortgage Bank Plc recorded a N0.56 kobo decline, with its stock falling to N3.58 kobo per share from N4.14 kobo.
