SAT, JANUARY 7 2017-A total turnover of 4.319 billion shares worth N7.376 billion in 9,330 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 405.939 million shares valued at N3.724 billion that exchanged hands last week in 6,363 deals.
UACN Property Development Co. PLC topped the gainers list closing 14.5 % up at N3.00 from N2.62 in the previous week. On the losers end, NATIONAL AVIATION HANDLING COMPANY PLC topped down 13.9%.
The Financial Services Industry (measured by volume) led the activity chart with 4.177 billion shares valued at N5.306 billion traded in 5,047 deals; thus contributing 96.71% and 71.94% to the total equity turnover volume and value respectively. The Oil and Gas Industry followed with 65.827 million shares worth N594.522 million in 1,385 deals. The third place was occupied by Conglomerates Industry with a turnover of 26.487 million shares worth N48.163 million in 299 deals.
Trading in the Top Three Equities namely – Unity Kapital Assurance Plc, Omoluabi Savings and Loans Plc and FCMB Group Plc (measured by volume) accounted for 3.863 billion shares worth N3.013 billion in 286 deals, contributing 89.45% and 40.85% to the total equity turnover volume and value respectively.
ETPs
Also traded during the week were a total of 55 units of Exchange Traded Products (ETPs) valued at N505.65 executed in 11 deals, compared with a total of 9,965 units valued at N56,446.35 transacted last week in 16 deals.
BONDS
A total of 5,100 units of Federal Government Bonds valued at N5.120 million were traded this week in 2 deals, as against no bond transaction last week.
The NSE All-Share Index and Market Capitalization depreciated by 2.32% to close the week at 26,251.39 and N9.032 trillion respectively. Similarly, all other Indices finished lower during the week
Eighteen (18) equities appreciated in price during the week, lower than thirty-seven (37) equities of the previous week. Thirty-one (31) equities depreciated in price, higher than twenty-one (21) equities of the previous week, while one hundred and twenty-six (126) equities remained unchanged higher than one hundred and seventeen (117) equities recorded in the preceding week.
It was a brief trading week as the Federal Government of Nigeria declared Monday 2nd of January, 2017 as Public Holiday for the New Year celebration.
