By Amaka Ifeakandu Lagos
Trading activities on the fl oor of Nigerian Stock Exchange (nse) last week closed high, increasing by N277 billion. Th e NSE weekly report showed that market capitalisation of listed equities appreciated by 2.47 per cent to close at N11.464 trillion from N11.187 trillion recorded the previous week. Also the NSE All Share Index increased by 802.49 basis point to 33261.66 from 32459.17 points traded the previous week. Similarly, all other Indices fi nished higher during the week with the exception of the NSE ASeM index that closed fl at. NSE Premium Index rose by 55.35 to 2,268.73, the NSE Main Board index 35.30 to 1,473.81, NSE 30 index 40.09 to 1506.10, NSE Banking index 23.73 to 412.85 points, NSE Insurance index rose by 1.22 to 140.60, NSE Consumer Goods index, NSE Oil & Gas index 7.35 to 324.85 ,NSE Lotus II grew by 30.23 to 2,034.34, Industrial Good index surged by 56.87 to 1.993.34 points, NSE Pension index rose by 34. 68 basis points to 1,148.14 .
Investors for the week traded a turnover of 1.272 billion shares worth N13.993 billion in 19,385 deals were traded this week against a total of 1.061 billion shares valued at N12.295 billion that exchanged hands previous week in 18,847 deals. Th e Financial Services Industry led the activity chart with 1.086 billion shares valued at N9.743 billion traded in 11,229 deals; thus contributing 85.33% and 69.63% to the total equity turnover volume and value respectively. Th e Consumer Goods Industry followed with 44.786 million shares worth N1.536 billion in 2,853 deals. Th e third place was occupied by Conglomerates Industry with a turnover of 38.104 million shares worth N75.759 million in 727 deals.
Trading in the top three equities namely – United Bank for Africa Plc, FBN Holdings Plc and Zenith International Bank Plc accounted for 505.388 million shares worth N5.454 billion in 4,009 deals, contributing 39.73 per cent and 38.98 per cent to the total equity turnover volume and value respectively. An analysis of the investment for the week indicated that 48 equities appreciated in price against 16 recorded the previous week. Th e result showed that 27 companies depreciated in price, lower than 51 equities of the previous week, while 97 fi rms remained unchanged against 105 equities recorded in the preceding week.
A breakdown of the transactions showed that Neimeith International Pharmaceuticals Plc led gainers in percentage terms, gaining 24.62 percent orvN0.16 kobo to close at N0.81 kobo, Unity Bank Plc followed with a gain of 19.67 or N0.12 kobo to close at N0.73 kobo while Forte Oil appreciated by 15.34 per cent or N7.48 kobo to close at N56.17 kobo. Other companies that increased in price were Avon Crown Caps and ContAinets 14.56 point, N. E. M Insurance Co Nigeria Pic 14.14 per cent, Ecobank Transnational Incorporated 14.04 per cent, Mobil Oil 9.91 per cent, Flour Mills Nigeria Pic 9.75 per cent, 7UP Bottling Company plc 8.82 per cent, Access Bank 8.43 per cent. Conoil Plc recorded the highest loss for the week, shedding 17.43 per cent or N6.33 kobo to close at N29.98 kobo, University Press trailed with a loss of 14.12 per cent or N0.48 kobo to close N2.92 kobo, Champion Breweries fell by 12.28 per cent or N0.35 kobo to close N2.50 kobo, other fi rms that depreciated in price were Union Bank Nigeria Plc 9.97 kobo, Jaiz Bank Plc 9.09 kobo, Presco Plc 4.99 per cent, NCR (Nigeria) Pls 4.93 per cent, Capital Hotel Old 4.89 per cent, A.G. Leventis Nigeria Plc 4.88 per cent and Boc gases Plc 4.85 per cent. Also traded during the week were a total of 25,540 units of Exchange Traded Products (ETPs) valued at N2.646 million executed in 10 deals compared with a total of 5 units valued at N484.85 transacted last week in 1 deal A total of 2,977 units of Federal Government Bonds valued at N2.946 million were traded this week in 11 deals, compared with a total of 358 units valued at N344,610.97 transacted last week in 7 deals.
