1.72bn Shares Exchange Hands At NSE

A total of 1.722 billion
shares, valued at N22.443 billion exchange hands in 29,600 deals last week at the floor of Nigerian Stock Exchange.
This is against two billion shares worth N15.907 billion traded by investors in 17,378 deals, in the previous week.
At the  close of the week’s transactions on Friday, all share index appreciated by 30.14 points to close last week’s trading at 41,450.62 points, compared to 41.450 points traded the previous week.
Market carpitalisation at the end of Friday trading gained N10 billion to close higher at N13.275 trillion as against the previous  week’s closing at N13.265 trillion.
According to  reports from the  Exchange, 34 equities appreciated in prices during the week, lower than 66 equities in the  preceding week.
However, 47 equities  depreciated in prices higher than 18 equities in the previous week, as 117 equities remained unchanged higher than 114 equities in the preceding week.
Also, 2,800 units of FGN bond worth N2.645 million last week  exchanged hands by investors in 10 deals, as against  2,647 units of FGN bonds valued at N2.625 million traded in 8 deals by investors the preceding week.