The week ended with equity investors parting with N30.379 billion in 38,536 deals to trade 3.911 billion shares, stock data released by the Nigerian Exchange Limited (NGX) revealed.
According to the report, the value of the shares traded by the investors fell below the N47.449 billion traded for 2.933 billion shares the week before in 44,654 deals.
Top NGX performing sector
The Financial Services Industry led the best performing chart by volume, after 2.774 billion shares of the industry were traded in 16,379 deals, valued at N15.241 billion.
The Oil and Gas Industry came next with 438.508 million shares, exchanged in 6,258 deals, worth N5.203 billion.
The third spot was occupied by the ICT Industry, which recorded 294.470 million shares, exchanged in 3,078 deals, valued at worth N4.447 billion.
Top three equities
By volume, the top three equities for the week are Universal Insurance Plc, Oando Plc and United Bank for Africa Plc, as they accounted for 56.56 per cent and 29.32 per cent of the total equity turnover volume and value respectively.
Investors traded 2.212 billion shares of the three companies, worth N8.907 billion, in 7,593 deals.
Top five gainers of the week
Sunu Assurance stock gained N0.26 kobo, ending the week with N1.05 per share, higher than the N0.79 kobo it started with.
Ellah Lake’s share rose to N4.25 kobo per share, from N3.30 kobo per share, gaining N0.95 kobo.
E-Tranzact saw its stock price rise by N2.10 kobo, to end the week with N9.45 kobo, in contrast to the opening price of N7.35 kobo.
Chams share value grew to N1.31 kobo per share, increasing by N0.21 kobo, from N1.10 kobo.
Abbey Mortgage Bank’s share closed the week at N2 per share from N1.70 kobo per share, appreciating by N0.30 kobo.
Top five losers of the week
Tantalizer’s share lost 21.05 per cent, to settle at N0.30 kobo, below the N0.38 kobo it opened the week with.
Guinea Insurance’s share lost 20.69 per cent, to close at N0.23 kobo per share, against the opening price of N0.29 kobo per share.
McNichols also reported a loss of N0.10 kobo, dropping the share to N0.65 kobo per share, from N0.75 kobo per share.
Unity Bank’s share dropped to N2.55 kobo, losing N0.28 kobo, from the N2.83 kobo per share it started trading with.
Secure Electronic Technology’s share fell from N0.29 kobo to N0.26 kobo per share, losing 10.34 per cent within five days.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
In Niger, communities suffer as multi-billion naira Auna Dam project remains uncompleted despite 38 years of investments
In Niger State, the over 20 communities around Auna River have had their hopes for fresh water, electricity supply and...
INVESTIGATION: Years after, 15km Eleme-Onne end of East-West Road remains death-trap despite billions released
In this report, ARINZE CHIJIOKE chronicles the sufferings of road users on the 15km Eleme-Onne end of the East-West Road...
Gaza attacks intensify as 12 Thais, 10 Nepalese killed in Israel
The current violence in Israel has claimed the lives of at least 12 Thai people and 10 Nepalese individuals. Eight...
INVESTIGATION: Poorly executed classroom projects force children out of school in Niger State
Once a vibrant hub of learning for pupils, Kodo Primary School now resonates a stark contrast to its former days...
SPECIAL REPORT: Shell’s inaccurate data raises questions around efforts to control methane emissions in Nigeria
Much worse for the environment than carbon dioxide, despite global efforts to control methane, emissions continue soaring. With over a...