The Nigerian Stock Exchange (NSE) All-share Index and Market Capitalisation appreciated by 2.19percent to close the trading week ended November 27 at 34,885.51 points and N18.228 trillion respectively.
Similarly, all other indices finished higher with the exception of NSE CG, NSE Banking, NSEAFR Bank Value, NSE AFR Div Yield, NSE MERI Growth and NSE Consumer Goods which depreciated by 0.05percent, 1.31percent, 1.53percent, 0.38percent, 0.44percent and 0.5percent while the NSE ASEM Index closed flat.
Twenty-seven (27) equities appreciated in price during the review week, higher than twenty-one (21) equities in the preceding week. Forty-three (43) equities depreciated in price, lower than fifty-five (55) equities in the preceding week, while ninety-one (91) equities remained unchanged, higher than eighty-five (85) recorded in the preceding week
The market recorded total turnover of 1.816 billion shares worth N25.791 billion exchanged in 31,665 deals, in contrast to a total of 11.400 billion shares valued at N35.892 billion that exchanged hands in preceding week in 39,265 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.274 billion shares valued at N14.710 billion traded in 18,392 deals; thus contributing 70.15percent and 57.04percent to the total equity turnover volume and value respectively.
It was followed by the Conglomerates Industry with 217.170 million shares worth N231.809 million in 1,226 deals; and the Consumer Goods Industry, with a turnover of 113.760 million shares worth N2.598 billion in 4,568 deals.
Trading in top three equities namely Zenith Bank Plc, Transnational Corporation of Nigeria Plc and Access Bank Plc (measured by volume) accounted for 649.529 million shares worth N8.104 billion in 6,395 deals, contributing 35.76percent and 31.42 percent to the total equity turnover volume and value respectively.
