The Nigerian Exchange (NGX) closed the week on a positive note as the All-Share Index (ASI) and Market Capitalisation advanced by 2.37%, settling at 146,988.04 points and ₦93.296 trillion, respectively.
Most sectoral indices also finished higher, except for the NGX Banking, NGX ASeM, and NGX AFR Bank Value indices, which declined by 0.41%, 9.44%, and 1.00%, respectively.
During the week, investors traded 2.286 billion shares valued at ₦90.280 billion across 138,177 deals — lower than the 8.403 billion shares worth ₦115.501 billion recorded in 115,801 deals the previous week.
The Financial Services Industry led the activity chart with 1.355 billion shares worth ₦24.588 billion exchanged in 59,553 deals, representing 59.28% and 27.23% of the total equity turnover volume and value, respectively. The ICT Industry followed with 182.822 million shares worth ₦7.807 billion in 12,597 deals, while the Agriculture Industry ranked third with 181.501 million shares valued at ₦3.548 billion in 8,924 deals.
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The top three traded equities by volume — Ellah Lakes Plc, Chams Holding Company Plc, and Fidelity Bank Plc — accounted for 430.968 million shares worth ₦5.597 billion in 10,254 deals, contributing 18.86% and 6.20% of total equity turnover volume and value, respectively.
Overall market sentiment was mixed, with 51 equities appreciating compared to 53 in the previous week, 41 declining against 43 the prior week, and 55 remaining unchanged.
A total of 147,745 units valued at ₦24.075 million were traded in 372 deals this week, compared to 189,351 units worth ₦17.284 million last week. Similarly, 984,209 units valued at ₦883.357 million were traded in 28 deals, higher than 64,033 units worth ₦77.665 million recorded in 13 deals the previous week.
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