Investors gain N19.48bn in a week on NGX

Investors on the floor of the Nigerian Stock Exchange Ltd.,  traded a turnover of 1.668 billion shares worth N19.481 billion in 25,979 deals during the week ended, February 25.

This is in contrast to 1.713 billion shares valued N30.764 billion that exchanged hands in 24,767 deals on Feb.18.

According to NGX on its Website, the Financial Services Industry (measured by volume) led the activity chart with 1.120 billion shares valued  N10.889 billion traded in 13,514 deals.

The figure contributed 67.13 per cent and 55.89 per cent to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 242.945 million shares worth N395.228 million in 1,418 deals.

The third place was the Consumer Goods Industry, with a turnover of 80.368 million shares worth N1.958 billion in 3,876 deals.

Trading in the top three equities namely Transnational Corporation of Nigeria Plc, United Capital Plc and Zenith Bank Plc (measured by volume) accounted for 491.673 million shares worth N5.411billion in 4,277 deals.

It also contributed 29.48 per cent and 27.78 per cent to the total equity turnover volume and value respectively

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