Stock roundup: Investors trade for N24.4 billion worth of shares as financial sector leads the way
Investors in the Nigerian capital market traded 1.348 billion shares worth N24.487 billion in 22,155 deals this week.
This topped 1.121 billion shares valued at N13.703 billion which exchanged hands in 22,350 transactions last week.
Best Performing NGX Sector
The financial services sector led the week’s activity with investors trading 1.009 billion shares valued at 6.796 billion naira in 11,352 deals.
The conglomerate industry followed after 79,616 million shares worth N144.549 million were traded in 689 deals.
Shareholders in the oil and gas industry traded 72.996 million shares worth N1.862 billion in 1,799 transactions.
The first three actions
After five days of trading, Mutual Benefits Assurance Plc, Living Trust Mortgage Bank Plc and Guaranty Trust Holding Company Plc were the top three stocks by volume this week.
READ ALSO: Investors gain N6.5 billion amid slow growth in Nigerian capital market
Investors in the three companies traded 484.839 million shares worth N2.414 billion in 2,410 transactions. This represented 35.97% and 9.86% of total stock turnover by volume and value, respectively.
Top five winners of the week
John Holt gained N0.19kobo to end the week with N0.82kobo compared to N0.63kobo per share published last week.
Cornerstone Insurance’s share price increased by N0.13kobo from N0.62kobo to N0.75kobo per share.
Okomu Oil gained N23.40 kobo to go from N193.50 kobo to N216.90 kobo per share.
Insider share rose 10% to close at N0.44kobo from N0.40kobo recorded last week.
FBN Holdings share appreciated by N1.05 to go from N10.55kobo to N11.60kobo per share.
Top Five NGX Losers of the Week
PZ Cussons lost N2.30kobo to go from N12.50kobo to N10.20kobo per share.
University Press’s share price fell N0.30 kbo to close at N2.58 kob, from N2.88 kbo per share reported last week.
Prestige lost 10% of its share to end the week with N0.36kobo vs. previous N0.40kobo per share.
Nigerian Exchange Group lost N2.30kobo to end the week with N22.25kobo compared to N24.60kobo per share recorded last week.
Honeywell Flour lost N0.27kobo to go from N3.03 to N2.76kobo per share.
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