IN DETAIL: Stock market investors traded N129.88bn shares in five days — up 69%

Equity investors on the Nigerian Exchange (NGX) Limited recorded a total turnover of 3.69 billion shares worth N129.88 billion in 148,077 deals between October 20 and October 24.

Data from the bourse showed that the figure represents an increase of 69.55 percent relative to the 2.42 billion shares traded the week before in 126,591 deals, valued at N76.61 billion.

The NGX also said the market closed the week bullish, with the all-share index (ASI) appreciating by 4.48 percent to 155,645.05 points, while market capitalisation rose to N98.79 trillion.

TOP THREE PERFORMING SECTORS

The financial services sector led the activity chart, accounting for 2.36 billion shares valued at N54.38 billion in 63,561 deals.

Consequently, the NGX said the sector contributed 63.91 percent and 41.87 percent to the total equity turnover volume and value, respectively.

This was followed by the oil and gas sector, which traded 551.51 million shares worth N19.2 billion in 10,539 deals.

Third place was the consumer goods industry, with a turnover of 180.9 million shares worth N13.27 billion in 19,428 deals.

TOP THREE EQUITIES

According to the NGX, trading in the top three equities were Fidelity Bank Plc, Japaul Gold, and Access Holdings Plc, all measured by volume.

The exchange’s data noted that the three companies accounted for a combined turnover of 1.8 billion shares, worth N27.89 billion, in 10,817 deals.

Together, NGX said they contributed 48.94 percent and 21.47 percent to the total equity turnover volume and value, respectively.

TOP FIVE GAINERS OF THE WEEK

On the gainers’ chart, Aso Savings and Loans Plc rose 32 percent to close at N0.66 kobo per share, up from the N0.5 kobo it started the week with.

Following on the list is Aradel Holdings, which rose by 25.2 percent from N631 to N790.

Also, Eunisell Interlinked Plc appreciated by moving from N48.4 kobo to N57.95 kobo — up by 19.73 percent.

The report said PZ Cussons Nigeria Plc advanced by 14.19 percent as its share rose from N39.1 kobo to N44.65 kobo.

NASCON Allied Industries Plc’s share price rose 12.77 percent from N101 to N113.9 kobo.

TOP FIVE DECLINERS OF THE WEEK

According to the report, LivingTrust Mortgage Bank Plc led the losers’ chart, falling by 10.89 percent from N4.5 kobo to N4.01 kobo.

The data showed the Juli Plc shed 9.94 percent, closing at N8.06 from N8.95 kobo.

Also, RT Briscoe Plc declined by 9.84 percent to N3.3 kobo from the N3.66 kobo it started the week with.

Similarly, John Holt Plc declined by 9.72 percent from N7.2 kobo to N6.5 kobo.

The Multiverse Mining and Exploration Plc’s share price also dipped by 9.71 percent, ending the week at N12.55 kobo from N13.9 kobo.