Last week, investors traded 1.848 billion equities worth N51.387 billion in 63,090 deals on the floor of the Nigerian Exchange (NGX) Limited compared with the 2.001 billion equities worth N49.486 billion transacted a week earlier in 70,853 deals.
Zenith Bank, FCMB, and Access Holdings dominated the activity chart with 539.768 million units valued at N16.528 billion in 7,392 deals, accounting for 29.21 per cent and 32.16 per cent of the total trading volume and value, respectively.
Business Post reports that the financial services industry recorded a turnover of 1.296 billion stocks valued at N26.914 billion traded in 29,140 deals, contributing 70.13 per cent and 52.38 per cent to the trading volume and value, respectively.
The services sector in the five-day trading week recorded the sale of 129.443 million units for N719.218 million in 3,657 deals, as the consumer goods counter traded 116.696 million units worth N4.185 billion in 7,452 deals.
In the week, 27 equities appreciated versus 28 equities in the previous week, 60 shares depreciated compared with 58 shares of the preceding week, and 63 stocks closed flat, in contrast to 64 stocks a week earlier.
PZ Cussons was the best-performing equity in the week with a 31.11 per cent rise to settle at N35.40, Caverton appreciated by 22.92 per cent to N2.95, Livestock Feeds soared by 22.81 per cent to N7.43, UH REIT advanced by 20.90 per cent to N44.25, and ABC Transport gained 15.45 per cent to N1.42.
COnversely, Sunu Assurances ended the week as the worst-performing stock after it shed 19.55 per cent to sell for N5.31, Eunisell slumped by 18.67 per cent to N9.80, Learn Africa depreciated by 16.46 per cent to N3.30, Guinea Insurance went down by 15.79 per cent to 64 Kobo, and International Energy Insurance moderated by 14.83 per cent to N2.01.
When trading activities ended, the All-Share Index (ASI) and the market capitalisation decreased by 0.62 per cent due to profit-taking to 107,821.39 points and N67.193 trillion, respectively.
Similarly, all other indices finished lower except the AseM, energy, Lotus II, sovereign bond and commodity, which appreciated by 0.04 per cent, 0.60 per cent, 0.33 per cent, 0.81 per cent and 0.53 per cent, respectively.