A 0.71 per cent week-on-week growth was recorded by the All-Share Index (ASI) and the market capitalisation of the Nigerian Exchange (NGX) Limited last week, closing at 115,429.54 points and N72.788 trillion, respectively.
In the same vein, all other indices finished higher apart from the insurance, AFR Div Yield, MERI Value, energy, and commodity indices, which depreciated by 0.11 per cent, 0.61 per cent, 0.81 per cent, 1.22 per cent and 1.41 per cent respectively, as the AseM and banking indices closed flat.
The market only opened for three trading days in the week due to the public holidays observed on June 9 for Eid-el-Kabir and June 12 for Democracy Day.
Investors traded 2.057 billion shares worth N51.015 billion in 65,016 deals versus the 3.214 billion shares valued at N76.348 billion transacted in 64,156 deals a week earlier.
The financial services industry led the activity chart with 1.060 billion stocks valued at N26.371 billion in 27,201 deals, contributing 51.55 per cent and 51.69 per cent to the total trading volume and value, respectively.
The services sector recorded the sale of 490.276 million equities worth N1.586 billion in 3,865 deals, and consumer goods space traded 122.795 million shares for N5.841 billion in 7,638 deals.
Tantalizers, Access Holdings, and Zenith Bank exchanged 693.553 million shares worth N9.957 billion in 7,661 deals, contributing 33.72 per cent and 19.52 per cent to the total trading volume and value, respectively.
Legend Internet was the best-performing stock after it gained 32.77 per cent to sell for N7.09, Berger Paints rose by 30.73 per cent to N26.80, Ellah Lakes appreciated by 27.35 per cent to N4.33, Oando increased by 21.37 per cent to N69.00, and Fidson soared by 20.75 per cent to N38.40.
On the flip side, John Holt lost 18.42 per cent to settle at N6.20, Industrial and Medical Gases declined by 12.16 per cent to N32.50, RT Briscoe tumbled by 10.00 per cent to N2.25, Northern Nigeria Flour Mills shed 10.00 per cent to sell for N112.55, and Conoil crashed by 9.99 per cent to N241.50.
At the close of business, 55 equities appreciated versus 53 equities of the previous week, 39 shares depreciated versus 43 shares in the preceding week, and 54 stocks closed flat versus 52 stocks a week earlier.