FCMB, Others Top Traders on NSE 3rd Week of September

Last week, First City Monument Bank Plc (FCMB), Unic Insurance Plc and Zenith Bank Plc, sustained activities in the financial services sector of the Nigerian Stock Exchange (NSE) with an overall 928.311 shares.

Trading in the shares of FCMB and the other companies represented 40.94 per cent and 34.45 per cent of the volume recorded by the sector and total turnover for the week respectively. The sector contributed 84.15 per cent to the total turnover volume with 2.268 billion shares valued at N11.689 billion exchanged by investors in 14,366 deals.

Also traded were 4,700 units of NewGold Exchange Traded Funds valued at N12.770 million, which exchanged hands in 10 deals in contrast to a total of 7,873 units valued at N21.075 million transacted in the previous week in some 13 deals.

The equities sector attained a turnover of 2.695 billion shares worth N15.701 billion in 24,717 deals, compared with 2.224 billion shares valued at N14.252 billion, which exchanged hands in the previous week in 24,108 deals.

On the price movement chart, the NSE All-Share Index appreciated by 2.12 per cent to close at 25,873.71 up from 25,337.18 points, while market capitalization of the listed equities also increased by 2.14 per cent or N172.568 billion, from N8.066 trillion recorded in the preceding week to N8.238 trillion.

Also, 56 equities appreciated in prices during the week, higher than 40 of the preceding week and16 stocks depreciated in prices lower than 29 of the preceding week.

NSE

Please share with your friends on Facebook, Twitter and Google+

Like Smart Checklist e-Mag on Facebook