Investors at the stock market have gained N260bn as 32 firms saw all their share prices increase at the end of trading last week.
The Nigerian Exchange Limited All-Share Index and market capitalization appreciated at 1.12 % and 1.16 %, which ended the week at 42,353.31 and N22.11tn appropriately.
The rest of the indices ended higher, with the exception of NGX Main Board, NGX Banking, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth and NGX Oil/Gas indices, which depreciated by 0.22 %, 1.82 %, 2.23%, 0.08 %, 0.85 % and 0.57 % respectively.
The NGX ASeM, NGX Growth and NGX Sovereign Bond Indices closed completely.
However, the total turnover of 1.32 billion shares worth N15.33bn in 18,292 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 2.63 billion shares valued at N26.90bn that exchanged hands in 20,848 deals the previous week.
Measured by volume, the financial services industry led the activity chart with 899.77 million shares valued at N7.33bn traded in 9,326 deals, thus contributing 68.32% and 47.78% to the total equity turnover volume and value respectively.
The Buyer goods industry followed with 209.50 million shares worth N2.79bn in 2,866 deals, while the third place was occupied by the conglomerates industry, with a turnover of 93.813 million shares worth N663.14m in 485 deals.
Therefore, trading in the top three equities, namely FBN Holdings Plc, International Breweries Plc and Access Bank Plc, measured by volume, accounted for 469.879 million shares worth N4.17bn in 1,958 deals, contributing 35.68% and 27.20% to the total equity turnover volume and value respectively.
While 32 equities gained last week, as against 35 in the previous week; 28 equities depreciated as against 27 in the previous week, while 96 equities remained unchanged as against 94 in the previous week.