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Nigerian Stock Exchange (NSE) market capitalisation rose by N747 billion to N15 trillion last week, however, it stalled and closed at N14.852 trillion on Friday. This knocks out the previous week’s N14.105 trillion in the NSE market giving investors a gain of 5.30 per cent.
A total of 3.140 billion shares valued at N35.372 billion were traded by investors in 35,099 deals during the week. Going back a week ago, all data was almost short by half with a total of 1.532 billion shares valued at N16.901 billion, in 17,882 deals.
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With 2.325 billion shares worth N25.816 billion, dealt in 21,306 transactions, the financial sector led on trade volume. The sector makes up 74.05 per cent of the total equity turnover volume and 72.99 per cent of the value.
The oil and gas sector followed closely with 1,977 trades, 200.567 million shares priced at N1.012 billion.
The third leading sector is the industrial goods with trade deals, 149.200 million shares priced at N3.631 billion.
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Zenith Bank Plc, FBN Holdings Plc and United Bank for Africa Plc were the top three traded equities. A combination of all three justifies the N15.724 billion value of 1.236 billion shares, traded in 9,774 deals. They make up 39.36 per cent of the total equity turnover volume and 44.45 per cent of the value.
Investors Make Weekly Gain on NSE
Top 10 Price Gainers
Eterna PLC
International Breweries PLC
Africa Prudential PLC
Trans Nationwide Express PLC
FBN Holdings PLC
Access Bank PLC
Glaxo Smithkline Consumer Nig. PLC
NASCON Allied Industries PLC
Linkage Assurance PLC
N. Nig. Flour Mills PLC
Top 10 Price Decliners
UACN Property Development Company PLC
Tripple Gee company PLC
Deap Capital Management & Trust PLC
Academy Press PLC
Conoil PLC
Law Union and Rocks INS. PLC
Jaiz Bank PLC
Chams PLC
Union Diagnostics and Clinical Services PLC
OANDO PLC
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