It was a brief trading week as the Federal Government of Nigeria declared Monday 25th and Tuesday 26th May 2020 as Public Holidays to mark the end of holy month of Ramadan and commemorate the Eid al-Fitr celebrations.
Meanwhile, a total turnover of 1.255 billion shares worth N13.501 billion in 20,554 deals weretraded this week by investors on the floor of the Exchange, in contrast to a total of 1.718 billion shares valued at N18.849 billion that exchanged hands last week in 26,367 deals.
The Financial Services industry (measured by volume) led the activity chart with 953.356 million shares valued at N8.236 billion traded in 10,931 deals; thus contributing 75.94% and 61.00% to the total equity turnover volume and value respectively.
The Industrial Goods industry followed with 64.245 million shares worth N1.785 billion in 2,000 deals. The third place was the Consumer Goods industry, with a turnover of 62.487 million shares worth N1.434 billion in 3,427 deals.
Trading in the Top Three Equities namely FBN Holdings Plc, Zenith Bank Plc and Guaranty Trust Bank Plc. (measured by volume) accounted for 494.748 million shares worth N6.618 billion in5,566 deals, contributing 39.41% and 49.02% to the total equity turnover volume and value respectively.
The NSE All-Share Index and Market Capitalization both appreciated by 0.25% to close the week at 25,267.82 and N13.168 trillion respectively.
Thirty-four (34) equities appreciated in price during the week, lower than fifty-five (55) equities in the previous week. Twenty-one (21) equities depreciated in price, higher than eight (8) equities in the previous week, while one hundred (108) equities remained unchanged, higher than one hundred (100) equities recorded in the preceding week.
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC gained 31.40% close N1.13
SKYWAY AVIATION HANDLING COMPANY PLC gained 24.83% close N1.45
AXAMANSARD INSURANCE PLC gained18.71% close N2.03
CUTIX PLC. gained14.72% close N1.87
GLAXO SMITHKLINE CONSUMER NIG. PLC. gained 13.29% close N8.10
REGENCY ASSURANCE PLC lost 13.04% N0.20
ARDOVA PLC lost 10.00% close N14.40
LEARN AFRICA PLC lost 9.60% close N1.13
ECOBANK TRANSNATIONAL INCORPORATED lost 8.93% close N5.10
TRANSNATIONAL CORPORATION OF NIGERIA PLC lost 7.79% close 0.71