Trading activities on the platform of Nigerian Stock Exchange this week was only four days as Federal Government of Nigeria declared Monday 13th April 2020 (Easter Monday) as Public Holiday in commemoration of the Easter celebrations.
A total turnover of 1.495 billion units of shares worth N12.894 billion in 20,982 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 2.440 billion shares valued at N19.932 billion that exchanged hands last week in 18,918 deals.
The Financial Services industry (measured by volume) led the activity chart with 1.238 billion shares valued at N8.424 billion traded in 12,835 deals; thus contributing 82.82% and 65.33% to the total equity turnover volume and value respectively.
The Healthcare industry followed with 72.953 million shares worth N386.138 million in 465 deals. The third place was the Consumer Goods industry, with a turnover of 48.567 million shares worth N1.904 billion in 2,611 deals.
Trading in the Top Three Equities namely, Omoluabi Mortgage Bank Plc, FBN Holdings Plc and Zenith Bank Plc. (measured by volume) accounted for 755.096 million shares worth N4.584 billion in 5,758 deals, contributing 50.50% and 35.56% to the total equity turnover volume and value respectively.
The NSE All-Share Index and Market Capitalization both appreciated by 7.19% to close the week at 22,921.59 and N11.946 trillion respectively.
Gainers
Thirty-seven (37) equities appreciated in price during the week, higher than Thirty-five (35) equities in the previous week.
Decliners
Twenty-one (21) equities declined in price, higher than Eighteen (18) equities in the previous week.