By Dipo Olowookere
Final week, on the ground of the Nigerian Change (NGX) Restricted, the trio of Veritas Kapital Assurance, Sterling Financial institution, and Warranty Belief Holding Firm (GTCO) dominated the exercise chart, buying and selling 605.879 million shares value N2.120 billion in 1,631 offers, accounting for 48.82 per cent and 13.53 per cent of the overall buying and selling quantity and worth, respectively.
Within the week, traders purchased and offered 1.241 billion shares value N15.668 billion in 18,560 offers, in distinction to the 1.286 billion shares value N29.634 billion transacted in 19,816 offers within the previous week.
Shares within the monetary companies trade have been the busiest, with 1.010 billion models valued at N5.924 billion traded in 9,165 offers, contributing 81.37 per cent and 37.81 per cent to the overall buying and selling quantity and worth, respectively.
Equities within the conglomerates sector adopted with 46.761 million shares value N112.918 million in 641 offers, whereas shares within the client items counter with a turnover of 42.121 million shares value N2.134 billion in 2,886 offers.
A complete of 39 equities appreciated in worth in the course of the week, decrease than 51 equities within the earlier week, whereas 30 equities depreciated in worth, increased than 27 equities within the earlier week, with 88 equities remaining unchanged, increased than 79 equities recorded within the earlier week.
Worldwide Power Insurance coverage topped the gainers’ log final week after it grew by 28.95 per cent to 49 Kobo, MRS Oil Nigeria elevated by 13.48 per cent to N16.00, NAHCO gained 12.86 per cent to promote at N7.90, Sunu Assurances chalked up 12.12 per cent to shut at 37 Kobo, and Abbey Mortgage Financial institution appreciated by 9.80 per cent to N1.68.
On prime of the losers’ desk was Livestock Feeds, which misplaced 13.85 per cent to cite at N1.12, C&I Leasing depleted by 10.00 per cent to N3.15, UPDC shed 9.62 per cent to commerce at 94 Kobo, Sovereign Belief Insurance coverage went down by 7.14 per cent to 26 Kobo, and Worldwide Breweries decreased by 7.00 per cent to N4.65.
Knowledge obtained by Business Post from the alternate confirmed that the All-Share Index (ASI) and the market capitalisation appreciated by 0.16 per cent to 52,594.68 factors and N28.647 trillion, respectively.
Equally, all different indices completed increased aside from NGX CG, premium, banking, pension, NGX AFR Financial institution Worth, NGX AFR Div. Yield, NGX MERI Worth, client items, industrial items, insurance coverage and development indices which depreciated by 1.17 per cent, 1.18 per cent, 2.60 per cent, 0.64 per cent, 2.66 per cent, 2.05 per cent, 2.34 per cent, 0.40 per cent and 1.06 per cent respectively, whereas the ASeM and sovereign bond indices closed flat.