A total of 43 equities appreciated at the Nigerian Exchange (NGX) Limited last week compared with the 50 equities recorded in the previous week.
In the five-day trading week, the bourse ended with 54 price losers versus 49 price losers in the preceding week, as 49 stocks closed flat versus 47 stocks a week earlier.
According to data from Customs Street, Austin Laz gained 20.83 per cent to sell for N2.90, NCR Nigeria appreciated by 20.69 per cent to N10.50, Nigerian Enamelware rose by 19.45 per cent to N39.00, Guinea Insurance jumped by 18.79 per cent to N1.77, and Mutual Benefits grew by 14.29 per cent to N4.40.
On the flip side, Thomas Wyatt declined by 18.92 per cent to N3.00, NEM Insurance slipped by 18.15 per cent to N26.60, Stanbic IBTC slipped by 15.39 per cent to N94.00, Lasaco Assurance plunged by 14.57 per cent to N3.46, and RT Brisco lost 13.92 per cent to sell for N3.40.
In the week, 4.773 billion shares worth N107.426 billion were traded in 152,965 deals compared with 8.564 billion shares valued at N99.936 billion transacted in 177,870 deals a week earlier.
The financial services sector led the activity chart with 3.734 billion shares valued at N60.627 billion in 72,977 deals, contributing 78.24 per cent and 56.44 per cent to the total trading volume and value, respectively.
The consumer goods sector transacted 370.404 million shares worth N14.025 billion in 17,997 deals, and the services counter exchanged 176.285 million shares worth N1.279 billion in 8,790 deals.
Universal Insurance, Zenith Bank, and FCMB accounted for 1.201 billion shares worth N29.433 billion in 10,537 deals, contributing 25.16 per cent and 27.40 per cent to the total trading volume and value, respectively.
Business Post reports that the All-Share Index (ASI) and the market capitalisation depreciated by 2.51 per cent to close the week at 141,004.14 points and N89.209 trillion, respectively.
Similarly, all other indices finished lower except the consumer goods and growth indices gained 0.83 per cent and 4.14 per cent apiece, as the AseM and commodity indices closed flat.