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Weekly review: Nigerian Stock Market, Value Of Transactions On NGX Up By 7.50%

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Investors in the Nigerian stock market traded a total turnover of 4.773 billion shares worth N107.426 billion in 152,965 transactions this week on the floor of the Exchange.

The Nigerian Exchange Ltd.(NGX) weekly report made available in Lagos, said this was in contrast to 8.564 billion shares valued at N99.936 billion that exchanged hands last week in 177,870 deals.

Consequently, the value of transactions traded by investors on the Exchange advanced by 7.50 per cent.

The Financial Services Industry led the activity chart with 3.734 billion shares valued at N60.627 billion traded in 72,977 transactions.

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This contributed 78.24 per cent and 56.44 per cent to the total equity turnover volume and value respectively.

The Consumer Goods Industry followed with 370.404 million shares worth N14.025 billion in 17,997 transactions.

The third place was the Services Industry, with a turnover of 176.285 million shares worth N1.279 billion in  Continue…Reading..

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𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!

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