A turnover of 1.008 billion shares worth N10.923 billion in 17,297 deals were traded last week by investors on the floor of the Nigerian Exchange.
This was in contrast to a total of 1.348 billion shares valued at N12.140 billion that exchanged hands the previous week in 21,581 deals.
The Financial Services Industry (measured by volume) led the activity chart with 732.418million shares valued at N7.213 billion traded in 9,131 deals; thus contributing 72.62 per cent and 66.04 per cent to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 52.931 million shares worth N170.271 million in 656 deals. The third place was ICT Industry, with a turnover of 52.716 million shares worth N1.806 billion in 701 deals.
Trading in the top three equities namely Guaranty Trust Holding Company Plc, United Bank for Africa Plc and Zenith Bank Plc (measured by volume) accounted for 261.741 million shares worth N5.813 billion in 3,498 deals, contributing 25.95 per cent and 53.22 per cent to the total equity turnover volume and value.
A total of 7,403 units of ETP valued at N486,759.25 were also traded in 17 deals compared with a total of 34,123 units valued at N784,264.64 transacted last week in 13 deals.
Also, a total of 29,583 units of Bonds valued at N29.805 million were traded in 12 deals compared with a total of 147,590 units valued at N173.172 million transacted last week in 15 deals.
The NGX All-Share Index and Market Capitalization depreciated by 0.12 per cent to close the week at 37,947.18 and N19.771 trillion respectively.
A total of 29 equities appreciated in price during the week, lower than 44 in the previous week, even as 32 equities depreciated in price higher than 22 in the previous week.