Finance
GTB, Access Bank top as investors’ wealth rise by 0.13% despite curfew
By David Oladele
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The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization both appreciated both appreciated by 0.13% to close the week at 28,697.06 and N14.999 trillion respectively.
Source: NSE
A total turnover of 1.505 billion shares worth N19.668 billion in 20,552 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.955 billion shares valued at N22.978 billion that exchanged hands last week in 22,844 deals.
Source: NSE
The Financial Services industry (measured by volume) led the activity chart with 1.196 billion shares valued at N14.950 billion traded in 11,318 deals; thus contributing 79.47% and 76.01% to the total equity turnover volume and value respectively.
Source: NSE
The Conglomerates Industry followed with 97.167 million shares worth N269.045 million in 516 deals.
The third place was the Consumer Goods, with a turnover of 77.588 million shares worth N1.928 billion in 3,461 deals.
Source: NSE
Trading in the top three equities namely Guaranty Trust Bank Plc, Access Bank Plc and United Bank for Africa Plc (measured by volume) accounted for 633.527 million shares worth N10.006 billion in 3,887 deals, contributing 42.08% and 50.87% to the total equity turnover volume and value respectively.
