NSE ROUNDUP: Financial services most active, as Japaul Gold, MRS Oil close week as losers

NSE ROUNDUP: Financial services most active, as Japaul Gold, MRS Oil close week as losers

NSE: Investors lose N38bn as market enters third day of loss-making

This week at the stock exchange, investors traded a total turnover of 1.530 billion shares worth N21.311 billion in 20,016 deals, against the previous week’s 2.342 billion shares traded in 20,173 deals and valued at N19.272 billion.

By volume of shares, activities at the trading floor was led by the Financial Services Industry which recorded 1.096 billion shares in 11,106 deals, and valued at N12.294 billion

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Next on the most active table is the Consumer Goods Industry, which had 177.673 million shares worth N3.577 billion in 3,139 deals. The third place was Conglomerates Industry, with a turnover of 99.609 million shares worth N216.997 million in 856 deal

Companies identified as top three equities by volume are Union Bank, GTBank and Dangote Sugar. The three firms recorded 687.616 million shares worth N9.496 billion in 3,022 deals, contributing 44.95% and 44.56% to the total equity turnover volume and value respectively.

Top five gainers for last week

Stanbic IBTC outperformed during the five days of trading, following a gain of N12 to move its share price from N40 per share, to N52.

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Julius Berger followed with N3.55kobo gain, as its stock price rose to N20.55kobo from N17 per share.

Guinness’s share price rose by N4.70kobo having opened trading with N25.30kobo, but closed with N30 per share.

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