In the trading week ended Friday May 16, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation appreciated by 0.90 percent to close at 109,710.37 points and N68.953 trillion respectively.
Similarly, all other indices finished the week higher with the exception of NGX Premium and NGX Lotus II Indices which depreciated by 0.05 percent and 0.92 percent respectively.
Sixty-one equities appreciated in price during the review week, lower than 68 equities in the preceding week. Thirty-one equities depreciated in price, higher than 28 in the preceding week, while 56 equities remained unchanged, higher than 52 recorded in the preceding week.
The market recorded total turnover of 2.606 billion shares worth N63.785 billion in 77,593 deals traded by investors on the floor of the Exchange, in contrast to a total of 2.645 billion shares valued at N77.005 billion that exchanged hands preceding week in 86,110 deals.
The Financial Services (measured by volume) led the activity chart with 1.540 billion shares valued at N28.963 billion traded in 32,805 deals; thus contributing 59.08 percent and 45.41 percent to the total equity turnover volume and value respectively.
The Services industry followed with 286.833 million shares worth N1.711 billion in 6,280 deals; and the Consumer Goods Industry, with a turnover of 202.565 million shares worth N7.439 billion in 9,708 deals.
Trading in the top three equities namely FCMB Group Plc, Access Holdings Plc and Tantalizer Plc (measured by volume) accounted for 600.684 million shares worth N6.570 billion in 7,201 deals, contributing 23.05 percent and 10.30 percent to the total equity turnover volume and value respectively.
