The Nigerian equities market this week closed on a positive note as the NSE All-Share Index and Market Capitalisation both appreciated by 5.59% to close the week at 25,204.75 and N13.136 trillion respectively. The market recorded 5 straight wins this week, which implies that no loss was recorded.
Week to date, the All Share Index grew by 5.59%; Month to date, it grew by 9.49%, Quarter to date, the returned 18.33% and Year to date, the market returned -6.10%.
An aggregate of 1.718 billion units of shares, valued at N18.849 billion in 26,367 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 926.418 million units of shares, valued at N9.768 billion that exchanged hands last week in 20,910 deals.
The Financial Services industry led the activity chart with 1.273 billion shares valued at N11.362 billion traded in 13,808 deals; thus contributing 74.08% and 60.28% to the total equity turnover volume and value respectively. The Industrial Goods industry followed with 102.377 million shares worth N3.194 billion in 2,956 deals. The third place was the Healthcare industry, with a turnover of 99.620 million shares worth N493.348 million in 1,194 deals.
Zenith Bank, Access Bank and First Bank of Nigeria Holdings (FBNH) accounted for 673.104 million shares worth N6.803 billion in 5,927 deals, contributing 39.18% and 36.09% to the total equity turnover volume and value respectively.
TOP TEN GAINERS
- UNILEVER NIGERIA (33.86%)
- RED STAR EXPRESS (26.67%)
- BUA CEMENT (23.42%)
- 11 PLC (20.92%)
- U A C N (20.14%)
- VITAFOAM (20.00%)
- CUTIX PLC. (19.85%)
- C & I LEASING (19.57%)
- AIICO INSURANCE (19.54%)
- NEIMETH INTERNATIONAL PHARMACEUTICALS (19.44%)
- ARBICO PLC (-9.91%)
- AFROMEDIA PLC (-9.68%)
- ROYAL EXCHANGE (-9.09%)
- LASACO ASSURANCE (-7.41%)
- CORNERSTONE INSURANCE (-6.78%)
- NESTLE NIGERIA (-4.33%)
- MAY & BAKER NIGERIA (-1.92%)
- NIGERIAN AVIATION HANDLING COMPANY (-1.64%)