NSE Report Weekly – At the Nigerian Stock Exchange (NSE) week ended 20 September 2019. The All-Share Index and Market Capitalization both depreciated by 0.29% to close the week at 27.699 and N13,484 trillion respectively.
The ASI decreased by 80 basic points during the week from 27,779 points the previous week. While Market Capitalization lost N39 billion from N13,523 trillion as at the end of trading on 6 September 2019.
The week activities saw the All Share Index decline year-to-date reduced to ,091 basic points representing 10% decline since week 1, 2019. Market Capitalization has however gained N1,771 trillion year-to-date representing 15 percent growth from the beginning of year 2019.
A total turnover of 1.272 billion shares worth N18.750 billion in 19,482 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.147 billion shares valued at N14.082 billion that exchanged hands last week in 17,980 deals.
The volume of shares traded during the week when compared to the previous week increased by 125 billion. Value of stocks traded increased by N4.7 billion while the number of deals consummated also increased by 1,770 deals when compared to previous week trading figures.
NSE Report Weekly- The Financial Services Industry led the activity chart again this week with 0.946 billion shares valued at N9.743 billion traded in 11,046 deals; thus contributing 74%, 52% and 57% to the total equity turnover volume, value and deals respectively.
The Consumer Good Industry followed with 82.934 million shares worth N5.556 billion in 2,862 deals. The third place was Conglomerate Industry with a turnover of 80.821 million shares worth N267.101 million in 1,163 deals.
The NSE-Banking Index which closes the week at 344.35 from 338.12 the previous week, appreciated by 1.84% and 7.21% during the week and month to date respectively but depreciated by 6.14% and 13.68% quarter and year to date respectively.
Trading in the Top Three Equities namely, FBN Holding Plc, Guarantee Trust Bank Plc and Access Bank Plc accounted for 0.482 billion shares worth N6.561 billion in 4,724 deals, contributing 38% and 35% to the total equity turnover volume and value respectively.
Stanbic IBTC Bank Plc and Jaiz Bank Plc are the two banks among the the top ten gainers this week, with gains 785k, 5k to close at 4285k, 43k respectively. While Sterling bank is the only bank among the top 10 decliners list this week with loss of 17k to close at 218k.
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