Home » Investors stake N17.3billion on equities in five days 

Investors stake N17.3billion on equities in five days 

by Hannatu Sulaiman Abba
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At the end of last week’s transaction on the Nigerian Exchange Limited (NGX), a turnover of 1.278 billion shares worth N17.3 billion was recorded in 21,052 deals by investors on the floor of the exchange.

This volume of shares traded was, however lower than a total of 3.435 billion units valued at N30.9 billion that was exchanged in 21,109 deals during the preceding week.

A breakdown of transactions last week showed that the financial services industry (measured by volume) led the activity chart with 984.543 million shares valued at N10.2 billion and exchanged in 11,029 deals, thus contributing 77.01 per cent to the total equity turnover volume.

The consumer goods industry followed with 78.724 million shares worth N2.3 billion in 3,137 deals. The third place was the conglomerate industry, with a turnover of 48.730 million shares worth N69.8 million in 647 deals.





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