The Nigerian Stock Exchange (NSE) All Share Index (ASI) posted its biggest weekly growth this year as it recorded an appreciation of 2.26 per cent this week.
The ASI closed at 25,189.37 points adding 569.14 points to last week’s 25,758.51 points.
All other indices finished higher during the week with the exception the NSE Insurance, NSE Consumer Goods and the NSE Lotus II Indices that depreciated by 0.17 per cent, 0.05 per cent and 0.97 per cent while the NSE ASeM Index closed flat.
Market capitalisation also added N197 billion this week to settle at N8.913 trillion.
Volume of shares traded by investors in 16,300 deals grew by 49 per cent to 1.3 billion shares while value traded increased 63 per cent to N9.7 billion.
Topping the activity chart by volume were Access Bank Plc, Transnational Corporation of Nigeria Plc and Fidelity Bank Plc. They accounted for 489.178 million shares worth N1.731 billion in 1,665 deals, contributing 36.69 per cent and 17.90 per cent to the total equity turnover volume and value respectively.
Price gainers increased from 24 last week to 38 this week. Stanbic IBTC Holdings led this week’s gainers with a growth of28.24 per cent and closed the week at N26.25, while losers for the week reduced equities from 31 last week to 25 this week. Diamond Bank was the highest loser with a decline of 12.22 per cent. Its share price closed at 79 kobo.
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