BUSINESS NEWS - The Nigeria Stock Exchange

The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization increased in value by 1.48% to close the week at 27,650.32 and N9.496 trillion individually.

Likewise, all different Indices completed higher amid the week, except for the NSE Insurance and NSE Oil and Gas Indices that shed 1.19% and 3.44% individually while the NSE ASeM Index shut level.

A quarter century acknowledged in cost amid the week, higher than 18 values of the earlier week. Thirty-nine values deteriorated in cost, higher than 38 values of the earlier week, while 116 values stayed unaltered lower than 124 values recorded in the first week.

Exchanging the Top Three Equities to be specific – United Bank for Africa Plc, Access Bank Plc and FBN Holdings Plc (measured by volume) represented 559.065 million shares worth N2.452 billion in 3,690 arrangements, contributing 40.66% and 18.95% to the aggregate value turnover volume and esteem separately.

A turnover of 1.375 billion shares worth N12.940 billion in 16,915 arrangements were exchanged for the current week by financial specialists on the floor of the Exchange as opposed to an aggregate of 1.361 billion shares esteemed at N10.711 billion that traded hands a week ago in 16,070 arrangements.

The Financial Services Industry (measured by volume) drove the movement graph with 1.195 billion shares esteemed at N8.631 billion exchanged 10,365 arrangements; in this manner contributing 86.90% and 66.70% to the aggregate value turnover volume and esteem separately. The Conglomerates Industry took after with 76.489 million shares worth N154.736 million in 964 arrangements. The third place was possessed by the Consumer Goods Industry with a turnover of 38.048 million shares worth N1.768 billion in 2,676 arrangements.

Likewise exchanged amid the week were a sum of 57,828 units of Exchange Traded Products (ETPs) esteemed at N766,162.96 executed in 37 bargains, contrasted and a sum of 1,003 million units esteemed at N12.116 million executed a week ago in 43 bargains.

An aggregate of 3,127 units of Federal Government Bonds esteemed at N3.057 million were exchanged 6 bargains contrasted with a sum of 4,044 units of Federal Government Bonds esteemed at N4.062 million executed a week ago in 6 bargains.