NSE Trades 2.145bn Shares

Transactions at the
floor of the Nigerian Stock Exchange (NSE) last week closed with investors trading a total of 2.145 billion shares, valued at N18.48 billion in 22.697 deals.
This is compared to 1.809 billion shares, worth N26.69  billion which were exchanged by investors in 25, 342 deals in the previous week.
The All-share Index (ASI) depreciated by 606.42 points or 1.53 per cent to close on Friday at 38,952.57 points compared to 39,558.89 points that closed the pervious week’s statistics.
Also, market capitalisation lost 1.53 per cent to close lower at N12.512 trillion, in contrast to N12.709 trillion recorded, at the close of the previous week’s transactions.
The financial services sub-sector shares were the most patronised during last week’s transactions in terms of the turnover, posting 1.715 billion shares, worth N11.153 billion, traded in 12.303 deals.
The losers’ chat was led by Academy Press Plc after losing 27k per share to close at 1.72k per share.
Guinness Nigeria Plc Followed with N26.17k loss per share to close at N171.73k per share.
Forte Oil Plc on the other hand topped the gainers table after making N15.60k gain per share to close at N104 per share.
IPWA PLC followed with the gain of 13.46 per cent to close at 59k per share.
During the week in question, 32 stocks appreciated in price while 54 stocks recorded losses.