IN DETAIL: Investors traded N52bn shares in five days

The Nigerian Exchange Limited (NGX) says stock market traders exchanged N52.96 billion in 64,612 deals to trade 2.09 billion shares between April 7 and April 11.

The NGX’s weekly stock market report showed that the value of the shares traded was 83.5 percent higher than the N28.86 billion exchanged for 1.18 billion shares in 42,397 deals the previous week.

TOP PERFORMING SECTORS

The top three performing sectors for the week are the financial services industry, the agriculture industry and the services industry.

According to the data, the financial services industry led the activity chart with 1.54 billion shares traded in 36,013 deals, valued at N36.35 billion.

The sector contributed 73.49 percent and 68.63 percent to the total equity turnover volume and value, respectively.

In second place was the agriculture industry, with 98.88 million shares worth N1.34 billion in 2,772 deals.

Similarly, the services industry came third with 93 million shares, worth N522.15 million, exchanged in 3,012 deals.

TOP THREE EQUITIES

The data showed that Access Holdings Plc, Guaranty Trust Holding Company (GTCO) Plc and Zenith Bank Plc are the top three equities within the reviewed period.

Together, they accounted for 629.33 million shares worth N25.82 billion in 12,742 deals.

The three companies contributed 30.06 percent and 48.75 percent to the total equity turnover volume and value, respectively.

TOP GAINERS OF THE WEEK

Analysis of the data showed that VFG Group Plc’s share appreciated by N30.70 kobo, according to the bourse, and ended the week at N87.70 kobo per share, compared to the opening price of N50.

Likewise, the share price of Union Dicon Salt Plc increased by N1.80 kobo from N5.80 kobo to N7.60 kobo.

In contrast to its opening price of N4.73 kobo, Abbey Mortgage Bank Plc’s share gained N1.40 kobo to close the week at N6.13 kobo.

FTN Cocoa Processors Plc share price appreciated by 18.75 percent to N1.90 kobo per share — up from N1.60 kobo.

Also, Total Energies Marketing Nigeria Plc closed the week at N745 per share, up from N679.7 kobo per share, representing a gain of N65.3 kobo.

TOP LOSERS OF THE WEEK

At the end of trading, Royal Exchange Plc’s share, according to the report, depreciated by N0.21 kobo to N0.80 kobo — from N1.01.

Similarly, Cornerstone Insurance Plc lost N0.50 kobo in its share price, which closed at N2.80 kobo per share, against the opening price of N3.30 kobo per share.

Sovereign Trust Insurance Plc’s share price declined from N1 to N0.85 kobo per share, losing N0.15 kobo.

Lasaco Assurance Plc also reported a loss of 12.82 percent after the value of its share dropped to N2.35 kobo per share from N2.04 kobo per share in five days.

Lastly, CAP Plc share price decreased to N41.50 kobo, after losing N5.50 kobo from the N47 per share it started the week with.