WorldStage Newsonline-- Transaction on the floor of the Nigerian Stock Exchange(NSE), this week was largely driven by activity in the shares of UBA Plc, AIICO Insurance Plc and Transnational Corporation of Nigeria Plc, with trading in their shares accounting for 546.536 million shares, representing 40.78per cent, 40.57per cent and 33.45per cent of the turnover recorded by the subsector, sector and total equities for the week, respectively.
A turnover of 1.634 billion shares worth N11.897 billion in 22,412 deals were recorded this week, in contrast to a total of 1.459 billion shares valued at N9.618 billion exchanged hands last week in 18,276 deals.
Also traded during the week were 3,660 units of NewGold Exchange Traded Funds (ETFs) valued at N9.061 million exchanged in 10 deals. Likewise, a total of 200 units of 4.00per cent FGN APR 2015 valued at N147, 100 were exchanged in 4 deals.
Major transaction volume was driven by activities in the Financial Services sector with 1.217 billion shares valued at N6.881 billion traded in 12,971 deals. This was followed by Conglomerates sector with 130.220 million shares valued at N182.074 million traded in 909 deals.
The NSE All-Share Index (ASI) opened at 22,741 .06 appreciating by 354.25 points or 1.56 per cent to close on Friday at 23,095.31. Similarly, the equities Market Capitalization also opened at N7.26 trillion appreciating by 89.73 (1.24per cent ) to close at N7.35trillion.
On the other hand, the NSE 30 index rose by 22.87 points (2.17per cent) while the NSE Consumer Goods Index also rose by 74.56 points (4.02per cent ). The NSE Banking-10 Index appreciated by 6.72 points
(1.96per cent ), the NSE Insurance-10 Index appreciated by 0.43 points (0.33per cent ), while the NSE Oil/Gas-5 Index depreciated by 3.43 points (1.96per cent ).
Thirty-nine equities appreciated in prices during the week, higher than 32 of the preceding week. Guinness Nigeria Plc. led on the gainers’ table by 5.00 per cent to gain N11.40 followed by Nigerian Breweries Plc. by 5.44per cent to gain N5.99.
Mobil Oil Nigeria Plc. led on the price losers’ table, dropping by -4.58 per cent to shed N6.00 followed by 7UP Bottling Company Plc. with a loss of N2.00 or -4.75per cent.