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Financial stocks contribute 64.38% to market turnover | The Guardian Nigeria News - Nigeria and World News

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The financial services industry dominated in terms of volume at the end of last week’s transactions on the floor of the Nigerian Exchange Limited (NGX).

It led the activity chart with 541.015 million shares valued at N5.493 billion, trading in 7,824 deals, thus contributing 64.38 per cent to the total equity turnover.

Similarly, all other indices finished higher with the exception of NSE Sovereign Bond Index which depreciated by 10.69 per cent, while the NSE ASeM and NSE Growth Indices closed flat. The ASI increased by 113.99 absolute points, representing a growth of 0.29 per cent to close at 39,312.74 points while the overall market capitalisation rose by N60 billion to close at N20.491 trillion.

 

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