The management of the Nigerian Exchange Limited last week released transactions report totaling a turnover of 2.027 billion shares worth N59.014 billion in 15,750 deals was traded last week and that investors on the floor of the Exchange, in contrast to a total of 995.361 million shares valued at N13.209 billion that exchanged hands last week in 10,264 deals.
The report further disclosed that market opened for four trading days this week as the Federal Government of Nigeria declared Monday 3rd January 2022 a Public Holiday to mark the New Year celebrations.
According to the report, the Consumer Goods Industry measured by volume led the activity chart with 1.255 billion shares valued at N 51.973 billion traded in 2,581deals; thus contributing 61.90% and 88.07% to the total equity turnover volume and value respectively.
“The Financial Services Industry followed with 537.959 million shares worth N 4.627 billion in 8,015 deals. The third place was The ICT Industry, with a turnover of 76.906 million shares worth N704.346 million in 933 deals.
The report stated that trading in the top three equities namely BUA Foods Plc, Wema Bank Plc, and Transnational Corporation of Nigeria Plc measured by volume, accounted for 1.349 billion shares worth N51.253 billion in 1,120 deals, contributing 67 % and 86.85 % to the total equity turnover volume and value respectively.
While in Exchanged Traded fund (ETP), A total of 11,926 units valued at N894,080.79 were traded this week in 26 deals compared with a total of 1,419 units valued at N54,185.84 transacted last week in 17 deals.
Meanwhile, in BONDS, A total of 50,225 units valued at N50.792 million were traded this week in 13 deals compared with a total of 7,718 units valued at N8.003 million transacted last week in 6 deals.
The NGX reported that its All-Share Index and Market Capitalization appreciated by 2.66% and 5.97% to close the week at 43,854.42 and N23.628 trillion respectively.
Similarly, “all other indices finished higher with the exception of NGX Premium, NGX insurance, NGX AFR Div Yield, NGX Meri Growth, NGX Consumer Goods, NGX Lotus II Indices, which depreciated by 0.47%, 0.93%, 0.97%,0.66%, 0.87%, and 0.12% respectively while the NGX ASem and NGX Sovereign bond indices closed flat. (See summary of index movements in the table below):
In conclusion the report revealed that forty (40) equities appreciated in price during the week, higher than Thirty-seven (37) equities in the previous week. Thirty-one (31) equities depreciated in price, higher than Twenty-one (21) equities in the previous week, while Eighty-four (84) equities remained unchanged compared to ninety-nine (99) equities recorded in the previous week.
