HomeBUSINESSNSE: Investors gained N258.113 Billion last week with ASI rising by 2.17%

NSE: Investors gained N258.113 Billion last week with ASI rising by 2.17%

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Stock Market  report  from 22nd to 26th March showed that a total turnover of 1.530 billion shares worth N21.311 billion in 20,016 deals  were traded last week by investors on the floor of the Exchange.

This was  in contrast to a total of 2.342 billion shares valued at N19.272 billion that exchanged hands last week in 20,173 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.096 billion shares valued at N12.294 billion traded in 11,106 deals; thus contributing 71.67% and 57.69% to the total equity turnover volume and value respectively.

The Consumer Goods Industry followed with 177.673 million shares worth N3.577 billion in 3,139 deals. The third place was Conglomerates Industry, with a turnover of 99.609 million shares worth N216.997 million in 856 deals.

Trading in the top three equities namely Union Bank Nig. Plc, Guaranty Trust Bank Plc and Dangote Sugar Refinery Plc (measured by volume) accounted for 687.616 million shares worth N9.496 billion in 3,022 deals, contributing 44.95% and 44.56% to the total equity turnover volume and value respectively.

The NSE All-Share Index and Market Capitalization appreciated by 2.17% to close the week at 39,216.20 and N20.518 trillion respectively.

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