ABUJA, Nigeria (VOICE OF NAIJA)- Investors on the Nigerian Exchange recorded a total of 3.214 billion shares valued at N76.348 billion in 64,156 transactions during the week under review.
This marked a notable decline from the 3.794 billion shares worth N119.394 billion traded across 89,636 deals in the previous week, reflecting a 56.4 per cent drop in transaction value.
Trading was limited to four sessions this week as the Federal Government declared Friday, June 6 and Monday, June 9 public holidays in observance of the 2025 Eid-el-Kabir celebration.
Financial Services dominated the activity chart, contributing 2.313 billion shares worth N52.241 billion across 27,326 deals.
This represented 71.96 per cent of total volume and 68.43 per cent of total value.
Trailing behind was the ICT sector, with 301.996 million shares valued at N5.026 billion traded in 4,137 deals, while the Consumer Goods industry secured third place with 144.538 million shares worth N5.632 billion exchanged in 8,093 deals.
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The top three traded equities Fidelity Bank Plc, Legend Internet Plc, and Guaranty Trust Holding Company Plc collectively accounted for 1.545 billion shares valued at N34.446 billion in 4,939 transactions, contributing 48.06 per cent of total turnover volume and 45.12 per cent of total value.
Meanwhile, the benchmark NGX All-Share Index rose by 2.57 per cent to close the week at 114,616.75, while market capitalisation appreciated to N72.275 trillion.
All sectoral indices ended the week in positive territory except for the NGX ASeM Index, which remained unchanged.
In terms of price movement, 53 equities gained, slightly down from 56 the previous week. 43 stocks declined, compared to 44 in the prior session, while 52 equities remained flat, higher than the 48 previously recorded.
Among the week’s biggest losers were: Associated Bus Company (down by 55k)
Julius Berger (lost N18.50)
Legend Internet (down 82k)
Livestock Feeds (shed N1.15)
E-Tranzact International (fell by 80k)
Conversely, the top five gainers were:
Oando Plc (up by 25.77 per cent or N11.65)
Lasaco Assurance Plc (up by 21.62 per cent or 56k)
Multiverse Mining (rose by 20.39 per cent or N1.55)
Cornerstone Insurance (gained 19.51 per cent or 64k)
First Holdco (up by 17.60 per cent or N4.40)
Additionally, the May 2025 Issue of the Federal Government of Nigeria Savings Bonds was officially listed on the Nigerian Exchange Limited on Thursday.