A total of 2.767 billion shares worth N29.685 billion were traded on the Nigerian Stock Exchange last week.
According to a weekly report by the NSE, the shares were traded in 31, 380 deals in contrast to a total of 2.570 billion shares valued at N27.884 billion that exchanged hands penultimate week in 31,466 deals. The Financial Services Industry led the activity chart with 1.924 billion shares worth N20.344 billion traded in 15,160 deals; thus contributing 69.54% and 68.53% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 264.795 million shares worth N523.521 million in 1, 528 deals.
The third place was the Consumer Goods Industry, with a turnover of 197.407 million shares worth N3.366 billion in 6,240 deals. Trading in the top.three equities namely Union Bank of Nigeria Plc, First Bank Holding Plc and Transnational Corporation of Nigeria accounted for 859.867 million shares worth N4.250 billion in 2,459 deals, contributing 31.08% and 14 32% respectively to the total equity volume and value.
