Nigerian bourse trades 1.839bn shares value over N34.25bn

Nigerian bourse trades 1.839bn shares value over N34.25bn

A complete turnover of 1.839 billion shares value N34.258 billion in 37,528 offers was traded this week by buyers on the ground of the Nigerian Trade.
The weekly report of transactions launched on Friday in Lagos by the Trade confirmed that the figures had been in distinction to a complete of 1.597 billion shares valued at N32.313 that exchanged arms final week in 44,915 offers.
It added that the Monetary Companies Business led the exercise chart with 1.129 billion shares valued at N22.290 billion traded in 22,008 offers, whereas the Conglomerates Business adopted with 194.179 million shares value N2.822 billion in 1,923 offers and the third place was the Development/Actual Property Business, with a turnover of 130.702 million shares value N649.957 million in 556 offers.
In accordance with the report, buying and selling within the prime three equities specifically United Financial institution for Africa Plc, Entry Holdings Plc and Transnational Company Plc accounted for 582.024 million shares value N10.571 billion in 8,849 offers, contributing 31.65% and 30.86% to the full fairness turnover quantity and worth respectively.
A complete of 15,057 items valued at N5.112 million had been traded this week in 161 offers in contrast with a complete of 31,329 items valued at N5.558 million transacted final week in 167 offers.
Within the Bonds part, a complete of 52,739 items valued at N50.662 million had been traded this week in 28 offers in contrast with a complete of 126,172 items valued at N124.978 million transacted final week in 28 offers.
The NGX All-Share Index and Market Capitalization depreciated by 1.39% to shut the week at 98,152.91 and N55.512 trillion respectively.
Equally, all different indices completed decrease with the exception NGX Insurance coverage, NGX MERI Development, NGX MERI Worth and NGX Industrial Items which appreciated by 0.02%, 1.13%, 0.09%, and 0.38% whereas the NGX ASeM and NGX Sovereign Bond indices closed flat. ($1=N1166)
GIK/APA

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