The market opened for four trading days this week as the Federal Government of Nigeria declared Friday 15th April 2022 (Good Friday) and Monday 18th April 2022 (Easter Monday) public holidays to commemorate the 2022 Easter celebration.
The NGX All-Share Index and Market Capitalization appreciated by 1.9 percent to close the week at 47,510.38 and N25.613 trillion, an increase of N474 billion and 878.92 basis points.
Similarly, all other indices finished higher with the exception of NGX Asem, NGX Growth and Sovereign Bond indices which closed flat.
Meanwhile, a total turnover of 1.247 billion shares worth N22.372 billion in 23,406 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.137 billion shares valued at N10.812 billion that exchanged hands last week in 23,471 deals.
The Financial Services Industry (measured by volume) led the activity chart with 975.776 million shares valued at N10.678 billion traded in 13,097 deals; thus contributing 78.24 percent and 47.73 per cent to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 65.187 million shares worth N1.752 billion in 2,725 deals. The third place was The Services Industry, with a turnover of 42.614 million shares worth 135.745 million in 1,172 deals.
Trading in the top three equities namely Guaranty Trust Holding Company Plc, Zenith Bank Plc and Fidelity Bank Plc (measured by volume) accounted for 429.657 million shares worth N7.786 billion in 5,871 deals, contributing 34.45 per cent and 34.80 percent to the total equity turnover volume and value respectively.
A total of 14,242 units valued at N492,229.40 were traded this week in 14 deals compared with a total of 76,043 units valued at N1.251 million transacted last week in 31 deals.
A total of 245,278 units valued at N253.116 million were traded this week in 18 deals compared with a total of 21,314 units valued at N22.012 million transacted last week in 12 deals.
Fifty-one equities appreciated at price during the week, higher than Thirty-three equities in the previous week. Eighteen equities depreciated in price, lower than Thirty-one equities in the previous week, while eighty-seven equities remained unchanged lower than ninety-two equities recorded in the previous week.
The market recorded a memorandum listing of 2,000,000 units of Capital Trust Halal Fixed Income Fund of N1,000 each.
