In the trading week ended Friday May 19, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation depreciated by 0.05percent to close the week at 52,187.93 points and N28.417 trillion respectively.
In the review trading week, all other indices finished higher with the exception of NGX Main Board, NGX 30, NGX Oil & Gas, NGX Lotus II, NGX Industrial Goods, and NGX Growth which depreciated by 0.64percent, 0.09percent, 1.67percent, 0.66percent, 0.03percent and 0.32percent respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat.
Forty-four equities appreciated in price during the review trading week, lower than 48 equities in the preceding week. Twenty-seven equities depreciated in price lower than 30 in the preceding trading week, while 85 equities remained unchanged, higher than 78 recorded in the preceding week.
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The market recorded total turnover of 3.029 billion shares worth N33.626 billion in 29,505 deals in contrast to a total of 3.602 billion shares valued at N36.451 billion that exchanged hands in preceding week in 27,801 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.095 billion shares valued at N21.847 billion traded in 14,008 deals; thus contributing 69.17percent and 64.97percent to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 398.558 million shares worth N1.185 billion in 3,129 deals, and the Services Industry, with a turnover of 270.111 million shares worth N1.853 billion in 1,317 deals.
Trading in the top three equities namely Fidelity Bank Plc, Access Holdings Plc and Transnational Corporation Plc, (measured by volume) accounted for 1.328 billion shares worth N8.159 billion in 5,286 deals, contributing 43.84percent and 24.26percent to the total equity turnover volume and value respectively.
