The Nigerian Exchange Limited (NGX) says stock market traders exchanged N494.12 billion in 116,645 deals to trade 7.68 billion shares between Monday and Friday.
The transaction value rose by 480.02 percent relative to the N85.19 billion exchanged for 2.73 billion shares in 127,284 deals the previous week.
TOP PERFORMING SECTORS
The top three performing sectors for the week are the financial services industry, the oil and gas industry, and the services industry.
According to the data, the financial services industry led the activity chart, as investors exchanged 6.39 billion shares valued at N71.80 billion in 54,799 deals.
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The sector contributed 83.27 percent and 14.53 percent to the total equity turnover volume and value, respectively.
The oil and gas industry followed with 730.51 million shares traded in 7,059 deals, valued at N391.36 billion.
In the services industry, 128.64 million shares worth N962.9 billion were traded by investors in 5,863 deals.
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TOP THREE EQUITIES
The NGX also said the top three equities were Unity Bank Plc, Aradel Holdings Plc, and Consolidated Hallmark Holdings Plc.
Measured by volume, the bourse said the three equities contributed 67.79 percent of total volume and 81.95 percent of total value.
The three equities accounted for 5.2 billion shares worth N404.94 billion in 2,667 deals.
TOP GAINERS OF THE WEEK
Analysis of the data showed that Thomas Wyatt Nig. Plc’s share appreciated by N0.61, according to the bourse, and ended the week at N3.3 kobo per share compared to the opening price of N2.69 kobo.
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The share price of Secure Electronic Technology Plc increased by N0.16 kobo from N0.75 kobo to N0.91 kobo.
In contrast to its opening price of N21.6 kobo, Mecure Industries Plc’s share gained N4.5 kobo to close the week at N26.1 kobo.
Chellarams Plc share appreciated by 11.3 percent to N16.25 kobo per share – up from N14.6 kobo.
Similarly, Royal Exchange Plc closed the week at N2.25 kobo per share, up from N2.04 per share — representing a gain of N0.21 kobo.
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TOP LOSERS OF THE WEEK
At the end of the trading week, the share price of Wema Bank Plc lost N2.55 kobo, dropping to N18 from the N20.55 kobo it opened with.
The report said Fidelity Bank Plc closed at N18.45 kobo per share against the opening price of N20.75 kobo, indicating a decrease of N2.3 kobo.
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Eterna Plc reported a loss of 10 percent after the value of its share tumbled to N27.9 per share from N31 in five days.
Also, Ikeja Hotel Plc’s share price fell from N22.95 kobo to N20.7 kobo per share, shedding N2.25 kobo.
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In addition, Africa Prudential Plc’s share price decreased to N14.5 kobo from the N15.95 kobo per share it started the week with, losing N1.45 kobo in its share price.
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