The Nigerian Stock Exchange First Quarter 2017 Performance.
The all share index ASI depreciated by 2.89% in the quarter loosing 735 basic points from January to end of quarter 1, 2017.
Market capitalization also depreciated by 2.30% losing N203 billion beyween January and end of quarter 1, 2017
The financial sector proofs its dominant as most developed sector in the NSE. The sector remains the most active in volume week-in-week-out.
The financial sector contributed 85.82% of the total volume of stocks traded in quarter 1, 2017
The Financial Sector also contributed 63.19% of the total deals consummated in the NSE in quarter 1, 2017
In the Exchange Traded Product, a total of 92,472 units of products were traded with a value of N2,506,523.25 in 113 deals in quarter 1, 2017. While in the Bond Market, a total of 149,199 units of Federal Government Bonds were traded with a value of N142.874 million in 76 deals.
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