The market indices: All-Share Index (ASI) and Market Capitalization appreciated by 0.39% to close the week at 29,967 and N13,206 trillion respectively.
The ASI grew by 116 basic points during the week from 29,851 basic points last week. While Market Capitalization gained N51 billion from N13,155 trillion as at the end of trading on 23 June 2019.
The week activities saw the ASI year to date loss now at 271 basic points representing a 1 percent decline since week 1, 2019. Market Capitalization however grew by N1.770 trillion year to date representing 15 percent growth from week 1 2019 to date.
The Volume of shares traded during the week when compared to the previous week decreased by 5,705 million; Value of stocks traded also decreased by N63.1 billion while the number of deals consummated increased 1,468 when compared to previous week trading figures.
The Financial Services Industry led the activity chart as always again this week with 1.336 billion shares valued at N17.894 billion traded in 8,783 deals; thus contributing 75%, 64% and 46% to the total equity turnover volume, value and deals respectively.
The NSE-Banking Index appreciated week-on-week by 2.53%, appreciated month-to-date by 1.47%. The Banking Index depreciated by 9.18% quarter-to-date and also deprecated by 0.84% year-to-date.
Trading in the Top Three Equities namely, Zenith Bank Plc, Guaranty Trust Bank Plc and Wema Bank Plc (measured by volume) accounted for 840.903 million shares worth N15.266 billion in 2,938 deals, contributing 47.49% and 54.45% to the total equity turnover volume and value respectively.
No Bank was in the top 10 gainers at the NSE week ended 28 June 2019. While 4 Banks: NPF microfinance Bank, Sterling Bank, Unity Bank and FBN Holdings are among the top ten decliners this week. The Banks lost, 25k, 22k, 6k and 45k to close at N1,05k, N2.20k, 65k and N6.55k respectively.
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