It was a brief trading week as the Federal Government of Nigeria declared Tuesday 21st and Wednesday 22nd, 2018 as public holidays in commemoration of the Eid-Ul-Kabir Sallah Season.
Meanwhile, a total turnover of 968.947 million shares worth N10.246 billion in 9,654 deals were traded this week by investors on the floor of the Excange in contrast to a total of 1.147 billion shares valued at N12.546 billion that exchanged hands last week in 16,649 deals.
The Financial Services Industry (measured by volume) led the activity chart with 874.023million shares valued at N7.671 billion traded in 6,029 deals; thus contributing 90.20% and 74.87to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 26.818 million shares worth N1.624billion in 1,476 deals. The third place was occupied by Oil and Gas Industry with a turnover of 24.795 million shares worth N91.439 million in 752 deals.
Trading in the Top Three Equities namely–United Bank for Africa Plc, Nem Insurance Plc and Zenith Bank Plc (measured by volume) accounted for 503.965 million shares worth N4.629 billion in 1,992 deals, contributing 52.01% and 45.17 % to the total equity turnover volume and value respectively.