The Nigerian Exchange Limited (NGX) has reported that investors traded 2.71 billion shares worth N158.28 billion in 209,986 deals over the course of one week.
According to the exchange’s weekly report, the value of market turnover rose marginally by 2.1 per cent compared with the 3.16 billion shares valued at N155.02 billion traded in 206,662 deals in the preceding week.
The NGX said its All-Share Index (ASI) and market capitalisation declined by 0.97 per cent, closing the week at 248,363.55 points and N161.26 trillion, respectively.
Financial sector leads trading
The financial services industry led trading activity by volume, with 2.005 billion shares worth N82.92 billion exchanged in 94,483 deals.
The sector accounted for 73.84 per cent of the total equity turnover volume and 52.39 per cent of the turnover value during the week.
The consumer goods industry ranked second, recording 152.34 million shares valued at N11.42 billion in 20,926 deals.
The information and communications technology (ICT) industry came third, with 117.29 million shares worth N15.25 billion traded in 22,556 deals.
Top equities
Access Holdings Plc, Zenith Bank Plc and United Bank for Africa Plc were the three most actively traded equities by volume.
The stocks recorded a combined turnover of 1.020 billion shares valued at N50.52 billion in 29,382 deals.
According to the NGX, transactions involving the three companies accounted for 37.56 per cent of total equity turnover volume and 31.92 per cent of turnover value during the week.
Top gainers of the week
Livestock Feeds Plc led the gainers, rising by 47.75 per cent from N8.90 to N13.15 per share.
Tripple Gee and Company Plc followed, gaining 32.62 per cent as its share price increased from N2.33 to N3.09.
Guinea Insurance Plc ranked third, appreciating by 29.17 per cent from N0.72 to N0.93 per share.
Learn Africa Plc also recorded a 19.61 per cent increase, with its share price climbing from N7.65 to N9.15.
Multi-Trex Integrated Foods Plc gained 16.67 per cent, closing at N0.42 per share compared with N0.36 previously.
Top losers of the week
Critical Minerals Financing Corporation Plc led the losers, falling by 20.27 per cent from N4.49 to N3.58 per share.
ABC Transport Plc followed, declining by 18.24 per cent as its share price dropped from N7.40 to N6.05.
Japaul Gold and Ventures Plc lost 11.11 per cent, with its share price falling from N2.88 to N2.56.
Fidelity Bank Plc declined by 10.64 per cent, dropping from N23.50 to N21 per share.
The NGX also reported that Aradel Holdings Plc shed 10 per cent during the week, with its share price falling from N1,530 to N1,377.