Investors stake N8.509 billion on Diamond Bank, GT Bank, Zenith Bank shares

Advertisements
Advertisements
Advertisements
Advertisements
Advertisements
Advertisements
Advertisements
Advertisements
Advertisements
Advertisements

A total turnover of 1.270 billion shares worth N13.463 billion in 16,476 deals were traded this week (ended January 18)by investors on the floor of  the Exchange in contrast to a total of  1.265 billion  shares  valued at N14.074 billion that exchanged hands last week in 19,278 deals.

Advertisements

The Financial Services Industry (measured by volume) led the activity chart with 1.131 billion shares valued at N10.573 billion traded in 10,352 deals; thus contributing 89.06% and 78.54% to the total equity turnover volume and value respectively. The Consumer Goods Industry followed with 37.744 million shares worth N1.628 billion in 2,054 deals. The third place was Conglomerates Industry with a turnover of 37.699 million shares worth N102.918 million in 566 deals.

Advertisements

Trading in the Top Three Equities namely, Diamond Bank Plc, Guaranty Trust Bank Plc and Zenith Bank Plc (measured by volume) accounted for 696.955 million shares worth N8.509 billion in 3,753 deals, contributing 54.86% and 63.20% to the total equity turnover volume and value respectively.

Advertisements


ETPs

Also traded during the week were a total of 55 units of Exchange Traded Products (ETPs) valued at N5,610.00 executed in 2 deals compared with a total of 15,288 units valued at N236,445.40 that was transacted last week in 4 deals.

Advertisements

BONDS

A total of 3,573 units of Federal Government Bonds valued at N3.764 million were traded this week in 24 deals compared with a total of 17,996 units valued at N18.426 million transacted last week in 10 deals.

INDEX MOVEMENT

The NSE All-Share Index and Market Capitalization appreciated by 3.94% to close the week at 31,005.17 and N11.562 trillion respectively.

Similarly, all other indices finished higher with the  exception of the NSE Banking Index that depreciated by 1.04% while the NSE ASeM index closed flat.

SUMMARY OF PRICE CHANGES

Thirty-eight (38) equities appreciated in price during the week, higher than twenty-two (22) in the previous  week. Twenty-nine (29)  equities depreciated in price, lower than forty-four (44)  of  the previous week, while  one hundred and two (102)  equities remained unchanged lower than  one hundred and three (103) equities recorded in the preceding week.

 

 

Advertisements

Leave a Reply

Your email address will not be published. Required fields are marked *