The NGX All-Share Index and Market Capitalization depreciated by 0.94% and 0.80% to close last week week at 104,962.96 points and N65.820 trillion respectively. Year to date, the market has returned 1.98%.
An aggregate of 2.902 billion shares worth N48.064 billion in 57,044 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.281 billion shares valued at N63.517 billion that exchanged hands last week in 60,782 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.375 billion shares valued at N21.335 billion traded in 27,053 deals; thus contributing 81.85% and 44.39% to the total equity turnover volume and value respectively. The Services industry followed with 177.345 million shares worth N3.194 billion in 3,829 deals. Third place was the Consumer Goods Industry, with a turnover of 104.381 million shares worth N3.305 billion in 5,587 deals.
Trading in the top three equities namely Sovereign Trust Insurance Plc, Jaiz Bank Plc and Fidelity Bank Plc (measured by volume) accounted for 1.497 billion shares worth N5.065 billion in 3,662 deals, contributing 51.59% and 10.54% to the total equity turnover volume and value respectively.
Market Breadth
The Market Breadth closed negative as Thirty-two (32) equities appreciated in price during the week against Forty-eight (48) equities depreciated in price.
TOP 10 GAINERS
Top 10 gainers in the course of last week include the following:
- Neimeth International Pharmaceuticals Plc (20.48%)
- Linkage Assurance Plc (13.49%)
- Northern Nigerian. Flour Mills Plc (9.99%)
- Academy Press Plc (9.92%)
- Mutual Benefits Assurance Plc (9.84%)
- Julius Berger Nig. Plc (8.47%)
- Transcorp Hotels Plc (7.85%)
- Custodian Investment Plc (6.63%)
- Veritas Kapital Assurance Plc (6.36%)
- Nascon Allied Industries Plc (6.02%)
TOP 10 PRICE DECLINERS
Top 10 price decliners in the course of last week include the following:
- E-Tranzact International Plc (-26.15%)
- Livestock Feeds Plc (-17.55%)
- Red Star Express Plc (-16.90%)
- Universal Insurance Plc (-13.33%)
- Caverton Offshore Support Grp Plc (-13.00%)
- Secure Electronic Technology Plc (-12.12%)
- Bua Cement Plc (-10.00%)
- Learn Africa Plc (-9.85%)
- Sovereign Trust Insurance Plc (-9.71%)
- Royal Exchange Plc (-9.09%)