Nigeria Update: N13.5bn of shares traded last week – NSE

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Nigeria Update: N13.5bn of shares traded last week – NSE

A total turnover of 1.555 billion shares worth N13.504bn in 18,409 deals were traded last week by investors on the floor of the Nigerian Stock Exchange, according to the bourse’s weekly report.

This was in contrast to a total of 1.493 billion shares valued at N15.107bn that exchanged hands the penultimate week in 14,549 deals.

 The financial services industry (measured by volume) led the activity chart with 1.365 billion shares valued at N6.507bn traded in 10,880 deals; thus contributing 87.76 per cent and 48.19 per cent to the total equity turnover volume and value, respectively.

 The consumer goods industry followed with 70.496 million shares worth N5.637bn in 3,398 deals. The third place was occupied by conglomerates industry with a turnover of 58.779 million shares worth N141.929m in 706 deals.

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