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EXCLUSIVE: IN DETAIL; NGX Recorded N106bn Trade In Five Days — Down by 32%

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A total of 2.66 billion shares valued at N106.26 billion were traded in 107,998 deals on the stock market, according to the Nigerian Exchange Limited (NGX).

The NGX weekly market report covering trading activities between November 17 and November 21, showed that the transaction value was lower compared to the previous week, when investors traded 7.32 billion shares valued at N156.42 billion in 134,383 deals.

The figure indicates a 32.06 percent turnover decrease within the five-day period.

The NGX data also said the market capitalisation shrank to N91.41 trillion this week, from the N93.50 trillion reported the previous week.

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