The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation depreciated by 0.77 per cent each, closing the week at 144,628.20 points and ₦91.502 trillion.
These figures compared with 145,754.91 points and ₦92.214 trillion recorded in the previous week. Consequently, equity investors lost ₦712 billion during the week under review. The week recorded three sessions of negative downturn and two positive sessions.
Similarly, all other indices closed lower, except NGX Insurance, NGX AFR Div. Yield, and NGX Growth, which gained 8.21, 1.57, and 9.50 per cent, respectively.
A turnover of 8.564 billion shares worth ₦99.936 billion in 177,870 transactions was recorded this week on the Exchange.
This contrasted with 8.736 billion shares valued at ₦134.577 billion exchanged in 180,290 deals last week.
The Financial Services Industry led the activity chart with 6.916 billion shares worth ₦56.716 billion traded in 84,589 transactions.
It contributed 80.75 per cent and 56.75 per cent to the total equity turnover volume and value, respectively.
The Oil and Gas industry followed with 387.647 million shares valued at ₦8.502 billion in 11,249 deals.
Third place went to the Agriculture Industry with 315.540 million shares worth ₦6.019 billion traded in 11,747 transactions.
Trading in Universal Insurance, Linkage Assurance and AIICO Insurance accounted for 2.787 billion shares worth ₦6.622 billion in 11,067 deals.
This represented 32.54 per cent and 6.63 per cent of the total equity turnover volume and value, respectively.
Fifty equities appreciated in price during the week, lower than 66 recorded in the previous week.
Forty-nine equities depreciated, compared with 41 in the previous week, while 47 remained unchanged, higher than 39 previously recorded.
UPDC Plc, Livingtrust Mortgage Bank, Berger Paints, VFD Group and Unilever Nigeria Plc led the losers’ table, shedding ₦1.40, 80k, ₦5.50, ₦1.50 and ₦8.20, respectively.
The week’s top gainers were Mutual Benefits, Tripple Gee, Sunu Assurances, Mecure Industries and Deap Capital, gaining 31.85, 30.23, 23.80, 20.50 and 19.26 per cent, respectively.
They appreciated by 93k, ₦1.30, ₦1.19, ₦3.25 and 26k, respectively.
