Transactions on the floor of the Nigerian Stock Exchange last week closed in red as the All Share Index and Market Capitalization depreciated by 0.69% to close the week at 38,382.39 and N20.082 trillion respectively.
An aggregate of 2.342 billion units of shares valued at N19.272 billion in 20,173 deals were traded last week by investors on the floor of the Exchange, in contrast to a total of 1.675 billion shares valued at N23.541 billion that exchanged hands the previous week in 21,732 deals.
The Financial Services Industry led the activity chart with 1.888 billion shares valued at N12.446 billion traded in 12,019 deals; thus contributing 80.60% and 64.58% to the total equity turnover volume and value respectively. The Natural Resources Industry followed with 201.260 million shares worth N41.295 million in 27 deals. The third place was Conglomerates Goods Industry, with a turnover of 62.053 million shares worth N65.672 million in 612 deals.
Trading in the top three equities namely Unity Bank Plc, Guaranty Trust Bank Plc and Multiverse Mining and Exploration Plc (measured by volume) accounted for 1.471 billion shares worth N7.114 billion in 2,317 deals, contributing 62.82% and 36.91% to the total equity turnover volume and value respectively.
All other indices finished higher with the exception of NSE Mainboard, NSE 30, NSE Insurance, NSE Consumer Goods, NSE Lotus II, NSE Industrial and NSE Growth Indices, which declined by 1.68%, 0.99%, 0.01%, 1.46%, 1.51%, 2.62% and 0.25% while the NSE Sovereign Bond Index closed flat.
Thirty-three (33) equities appreciated in price during the week, lower than thirty-five (35) equities in the previous week. Twenty-five (25) equities depreciated in price, lower than thirty eight (38) equities in the previous week, while one hundred and four (104) equities remained unchanged, higher than eighty-nine (89) equities recorded in the previous week.
Eterna Plc grew its share price by 20.78% week on week to N5.58 from N4.62. This is flowed by SFS Real Estate Investment Trust as it gained 9.94% to close last week at N68.6 from N62.4 the previous week.
Third of the gainers list is Northern Nigeria Flour Mills (NNFM) as it gained 9.73% to settle at N6.2 from N5.65 the previous week.