Last week, investors bought and sold 6.617 billion shares worth N113.224 billion in 109,590 deals compared with the preceding week’s 4.140 billion shares valued at N115.889 billion traded in 102,351 deals.
It was observed that ICT stocks led the activity chart with 3.500 billion units worth N17.759 billion traded in 11,184 deals, contributing 52.89 per cent and 15.68 per cent to the total trading volume and value, respectively.
Financial equities transacted 2.625 billion units for N50.188 billion in 42,574 deals, and services shares recorded 104.524 million units valued at N1.166 billion in 7,255 deals.
eTranzact, Cornerstone Insurance, and Access Holdings accounted for 4.871 billion shares worth N27.422 billion in 6,438 deals, contributing 73.60 per cent and 24.22 per cent to the total trading volume and value, respectively.
In the week, 55 equities appreciated versus 38 equities in the previous week, 29 equities depreciated versus 36 equities a week earlier, and 63 equities closed flat versus 73 equities in the preceding week.
NCR Nigeria was the best-performing stock after it gained 33.03 per cent to sell for N72.70, UAC Nigeria appreciated by 22.69 per cent to N96.80, Guinness Nigeria expanded by 18.56 per cent to N198.00, Dangote Cement rose by 15.02 per cent to N614.90, and Nigerian Breweries grew by 12.36 per cent to N75.00.
On the flip side, RT Briscoe was the worst-performing stock after it lost 12.79 per cent to N3.00, Legend Internet slipped by 10.71 per cent to N5.00, Union Dicon shed 10.00 per cent to N6.30, ABC Transport declined by 9.88 per cent to N3.10, and Cornerstone Insurance went down by 9.33 per cent to N5.50.
According to data from the bourse, the All-Share Index (ASI) increased by 2.45 per cent to 147,040.08 points and the market capitalisation added 2.67 per cent to settle at N93.722 trillion.
In the same vein, all other indices finished higher apart from the energy and commodity indices, which depreciated by 0.57 per cent and 0.30 per cent, respectively.