Friday, April 26, 2024

FSI leads weekly trading with 46% volume

Uba Group

BY KENNETH EZE

In the week ended September 3, 2021, the Financial Services Industry (measured by volume) led the activity chart with 615.594 million shares valued at N4.188 billion traded in 9,021 deals; thus contributing 45.99 per cent and 48.42 per cent to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 253.392 million shares worth N280.789 million in 1,126 deals.

The third place went to Consumer Goods, which recorded a turnover of 185.854 million shares worth N1.593 billion in 4,107 deals.

A total turnover of 1.338 billion shares worth N8.650 billion in 19,830 deals were traded during the week under review by investors on the floor of the Exchange. This was in contrast to a total of 1.026 billion shares valued at N8.183 billion that exchanged hands the previous week in 18,102 deals.

Trading in the top three equities namely Transnational Corporation of Nigeria Plc, Honeywell Flour Mill Plc and Access Bank Plc (measured by volume) accounted for 450.570 million shares worth N1.492 billion in 3,696 deals, contributing 33.66 per cent and 17.25 per cent to the total equity turnover volume and value respectively.

ETP

A total of 54,468 units valued at N2.603 million were traded during the week under review, in 19 deals compared with a total of 39,465 units valued at N1.834 million transacted last week in 27 deals.

BONDS

A total of 100,152 units valued at N99.670 million exchanged hands in the week under review, in 27 deals compared with a total of 26,861 units valued at N27.503 million transacted the previous week in 17 deals.

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