NGX: Financial Industries Lead Trading Sector As Investors Trade N19.4bn In 5 Days

Statistics from the Nigerian capital market trading in the last week shows that Investors splashed the sum of N19.481 billion in exchange for 1.668 billion shares in 25,979 deals.

The reported figures were recorded from the five trading days of the previous week, Naija News understands.

Cumulative stats showed that Transnational Corporation of Nigeria Plc (Transcorp), United Capital Plc, and Zenith Bank Plc, topped trading equities for the week.

The financial sectors had contributed 29.48% and 27.78% to the total equity turnover volume and value respectively.

Transcorp, United Capital, and Zenith Bank accounted for 491.673 million shares worth N5.411 billion in 4,277 deals, Naja News understands.

Last week’s trading figures, however, fell short of the N30.7 billion investors spent on 1.713 billion shares in 24,767 deals the previous week.

As reported by the Nigerian Exchange Limited, the Financial Services Industry led the trading sector for the week after contributing 67.13% and 55.89% to the total equity turnover volume and value respectively.

Investors traded 1.064 billion shares valued at N12.201 billion in 11,708 deals during the week.

The Conglomerates Industry followed with 242.945 million shares valued at N395.22 million in 1,418 deals.

NGL’s market report placed the Consumer Goods Industry in the third spot with 80.368 million shares worth N1.958 billion in 3,876 deals.

Leading the gainers of the week is RT Briscoe which gained N0.34kobo to end the week with N0.94kobo from the previous N0.60kobo per share.

Niger Insurance shares per centas up by 46.6 per cent to leap from N0.20 kobo to N0.28kobo per share.

E-Tranzact gained N0.29kobo to move from N2 to N2.66kobo per share.

Royal Exchange share rose by Nper cento during the week to move from N0.96 kobo to N1.25kobo per share.

May & Baker’s share price appreciated by N1.24kobo to end the weeper cent.45 kobo from N4.21kobo per share.

Ellah Lakes, however, led the loser’s chart for the week after dropping N0.42kobo, to close the week at N3.83kobo from N4.25kobo.

Juli’s share value was down by 9.76 per cent to drop from N0.82kobo to N0.74kobo per share.

Naija News understands that Flour Mills Nigeria lost N3.10kobo to slip from N35.10kobo to N32 per share while Veritas Kapital share price dropped by 8.3 per cent to end the week with N0.22kobo from N0.24kobo per share posted the previous week.

Similarly, Multiverse share price was down by 8 per cent to drop from N0.25kobo to N0.23kobo per share.

This article was originally published on Nigeria News