The Nigerian Exchange (NGX) Limited posted a turnover of 8.564 billion shares worth N99.936 billion in 177,870 deals last week versus the 8.736 billion shares valued at N134.577 billion traded in 180,290 deals a week earlier.
According to the data, financial stocks led the activity chart with 6.916 billion units sold for N56.716 billion in 84,589 deals, contributing 80.75 per cent and 56.75 per cent to the total trading volume and value, respectively.
Energy equities transacted 387.647 million units worth N8.502 billion in 11,249 deals, and agriculture shares exchanged 315.540 million units valued at N6.019 billion in 11,747 deals.
Universal Insurance, Linkage Assurance, and AIICO Insurance were the busiest with 2.787 billion units valued at N6.622 billion in 11,067 deals, accounting for 32.54 per cent and 6.63 per cent of trading volume and value apiece.
Business Post reports that 50 stocks appreciated in the five-day trading week versus 66 stocks of the preceding week, 49 shares depreciated versus 41 shares a week earlier, and 47 equities remained unchanged versus 39 equities in the previous week.
Mutual Benefits gained 31.85 per cent to close at N3.85, Tripple Gee expanded by 30.23 per cent to N5.60, Sunu Assurances increased by 23.80 per cent to N6.19, MeCure Industries rose by 20.50 per cent to N19.10, and Deap Capital surged by 19.26 per cent to N1.61.
However, UPDC lost 17.72 per cent to settle at N6.50, LivingTrust Mortgage Bank shed 16.00 per cent to N4.20, Berger Paints slumped by 14.67 per cent to N32.00, VFD Group crashed by 11.19 per cent to N11.90, and Unilever Nigeria depreciated by 10.29 per cent to N71.50.
The bourse was under selling pressure in the week, resulting in a 0.77 per cent fall in the All-Share Index (ASI) and the market capitalisation to 144,628.20 points and N91.502 trillion, respectively.
Also, all other indices were in red apart from the growth, insurance, and NGX AFR Div. Yield indices, which gained 9.50 per cent, 8.21 per cent, and 1.57 per cent, respectively.