The Nigerian Exchange Ltd. (NGX) recorded a positive week with its All-Share Index rising by 1.35 percent to close at 148,977.64 points.
Market capitalisation also appreciated by 1.36 percent, reaching N94.561 trillion, up from N93.296 trillion the previous week. This growth translated to a gain of N1.265 trillion for equities investors during the week under review.
While most indices finished higher, some, including NGX CG, NGX Banking, and NGX Growth Indices, experienced declines ranging from 0.13 to 2.08 percent.
A total of 2.422 billion shares valued at N76.618 billion were traded in 126,591 deals, compared to 2.286 billion shares worth N90.280 billion in 138,177 deals the previous week.
The Financial Services Industry led market activity with 1.662 billion shares traded, accounting for 68.65 percent of total volume and 42.50 percent of turnover value.
The ICT and Services industries followed with significant trading volumes as well.
Top traded stocks included Consolidated Hallmark Holdings Plc, Fidelity Bank Plc, and Access Holdings Plc, which together accounted for over 618 million shares valued at N9.220 billion.
During the week, 52 equities appreciated, slightly up from 51 the previous week, while 41 depreciated, consistent with the prior period. Fifty-three equities remained unchanged.
Leading gainers were Sovereign Trust Insurance, Royal Exchange, Eunisell Interlinked, SFS Real Estate Investment Trust, and Omatek Ventures.
Conversely, the biggest losers included Tripple Gee, Academy Press, Regency Alliance Insurance, Livingtrust Mortgage Bank, and Industrial and Medical Gases.
