Activities on the local bourse finished last week on the positive trajectory as the NSE All-Share Index and market capitalisation appreciated by 2.63 per cent to close the week at 41,176.14 and N21.53tn respectively.
Similarly, all other indices finished higher with the exception of NSE Growth which depreciated by 3.32 per cent while the NSE ASeM Index closed flat.
A total turnover of 3.45 billion shares worth N32.73bn in 30,327 deals were traded last week by investors on the floor of the exchange, in contrast to a total of 3.39bn shares valued at N19.87bn that exchanged hands the previous week in 26,808 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.71 billion shares valued at N13.35bn traded in 15,102 deals; thus contributing 49.74 per cent and 40.80 per cent to the total equity turnover volume and value respectively.
The construction/real estate industry followed with 768.13m shares worth N4.2bn in 430 deals. The third place was conglomerates industry, with a turnover of 279.79 million shares worth N578.69m in 1,199 deals.
Trading in the top three equities namely UPDC Real Estate Investment Trust, Mutual Benefits Assurance Plc and Transnational Corporation of Nigeria Plc (measured by volume) accounted for 1.22bn shares worth N4.46bn in 929 deals, contributing 35.52 per cent and 13.63 per cent to the total equity turnover volume and value respectively.
Sixty equities appreciated in price during the week, higher than 50 equities in the previous week. Nineteen equities depreciated in price, lower than 21 equities in the previous week, while 82 equities remained unchanged, lower than 90 recorded in the previous week.
A total of 413,509 units of ETPs valued at N2.45bn were traded last week in 42 deals compared with a total of 196,29 units valued at N816.55m transacted the previous week in 38 deals.
A total of 11,420 units of bonds valued at N12.33m were traded last week in 17 deals compared with a total of 10,051 units valued at N12.59m transacted the previous week in 27 deals.