All-Share Index and Market Capitalization both depreciated by 1.68%

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A t the end of last week trading at the floor of the Stock Exchange, All-Share Index and Market Capitalization both depreciated by 1.68% to close the week at 26,533.78 and N12.917 trillion respectively. Total turnover increased by 53.1%, share value decreased by 71.248% while number of deals decreased by 11.63%.

A total turnover of 1.409 billion shares worth N31.959billion in 13,616deals were traded this week by investors on the floor of the Exchange in contrast to a total of 660.654 million shares valued at N9.189 billion that exchanged hands last week in 12,032deals.The Financial Services industry (measured by volume) led the activity chart with1.081 billion shares valued at N8.739 billion traded in 7,720deals; thus contributing76.73% and27.34% to the total equity turnover volume and value respectively. The Industrial Goods industry followed with163.852 million shares worth N19.264 billion in 982 deals. The third place was Conglomerates industry with a turnover of74.229million shares worth N120.488 million in 734 deals.

Trading in the Top Three Equities namely, Custodian Investment Plc, FCMB Group Plc and Access Bank Plc.(measured by volume) accounted for683.802millionshares worth N4.001 billion in1,247deals,contributing48.52%and12.52% to the total equity turnover volume and value respectively.

The NSE All-Share Index and Market Capitalization both depreciated by 1.68% to close the week at26,533.78andN12.917 trillion respectively. Similarly, all other indices finished lower with the exception of NSE Banking and NSEAFR Div Yield Indices which appreciated by 0.14%and 1.81%respectivelywhile the NSE ASeM index closed flat.(See summary of Index movements in the table below).

Twenty (20) equities appreciated in price during the week, higher than fifteen (15) equities in the previous week. Thirty-three(33) equities depreciated in price, lower than thirty-nine (39) equities in the previous week, while one hundred and thirteen(113) equities remained unchanged, higher than one hundred and twelve (112) equities recorded in the preceding week

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