Investment in the Ngerian Stock Exchange last week closed southward, declining by N125 billion.
Specifically, market capitalisation of listed equities declined by N125 billion or 1.10 per cent to N11.176 trillion from N11.301 trillion reported in the preceding week.
The NSE All Share index declined by 345.90 to 29740.41 points from 30086.31 points.
Similarly, all other indices finished lower with the exception of the NSE Oil/Gas Index that rose by 0.43 per cent.
The NSE Main Board index fell by 19.61 basis points to 1348.90, NSE 30 index down by 18.84 to 1332.75 points, NSE Corpirate Governance index dropped to 17.90 to 1173.22, NSE Premium Index sheds 13.66 to 2149.97, NSE Banking index declined by 0.36 to 385.87 points, NSE Pension index down by 31.13 to 1113.76, NSE Insurance index depreciated by 1.08 to 119.18, NSE ASeM index went down by 1.02 to 808.61 points, NSE AFR Bank Value index down by 2.20 to 990.33 points, NSE Afr Div yield index dropped by 5.74 to 1362.38 points, NSE Meri Growth index dipped by 12.15 to 1569.80, NSE Merit Value index depreciated by 3.52 to 1296.52 points, NSE Consumer Goods Index dropped by 17.82 to 673.00, NSE Lotus II sheds 49.04 to 2153.09 points NSE industrial Goods index fell by 8.19 basis points to 1148.47 points.
The trading activities which lasted four days of the week declaration of public holiday for Easter Monday celebration showed that investors traded a turnover of 1.432 billion shares worth N15.089 billion in 15,342 deals in contrast to a total of 988.692 million shares valued at N11.432 billion that exchanged hands the previous week in 13,596 deals.
The Financial Services Industry led the activity chart with 587.373 million shares valued at N5.092 billion traded in 8,210 deals; thus contributing 41.02 per cent and 33.75 per cent to the total equity turnover volume and value respectively.
The Oil and Gas Industry followed with 326.457 million shares worth N430.320 million in 1,670 deals. The third place was Construction/Real Estate Industry with a turnover of 218.458 million shares worth N4.326 billion in 118 deals.
Trading in the top three equities , Japaul Oil & Maritime Services Plc, Julius Berger Nigeria Plc and United Bank for Africa Plc accounted for 628.055 million shares worth N671.387 million in 1,810 deals, contributing 43.86 per cent and 33.59 per cent to the total equity turnover volume and value respectively.
A review of the transactions showed that 30 equities appreciated in price during the week, against 33 in the previous week. The result further revealed that 40 companies depreciated in price, higher than 33 listed equities closed negatively previous week, while 97 equities remained unchanged, compared with 101 equities recorded in the preceding week.
An analysis of the investment indicated that Dangote Flour Mills Plc led gainers table during the week appreciating by 45.33 per cent or N4.85 kobo to close at N15.55 kobo, Japaul Oil and Maritime Services Plc followed with a gain of 40.00 or N0.08 kobo to close at N0.28 kobo, Cutix Plc added 28.13 per cent or N0.45 kobo to close at N0.28 kobo. Other companies appreciated in price were Neimeith International Phamarceuticals Plc 19.64 per cent, Royal Exchange Nigeria Plc 18.18 per cent , First Aluminium Nigeria Plc 17.07 per cent, Chams Plc 16.67 per cent, Vitafoam Nigeria Plc 11.14 per cent, Oando Plc 10.42 per cent, Wema Bank Plc 10.14 per cent.
On the contrary, Guinness Nigeria Plc recorded the highest loss during the day, dropping by 19.00 or N11.40 kobo to close at N48.60 kobo, May and Baker Nigeria Plc trailed with a loss of 13.46 per cent or N0.35 kobo to close at N2.25 kobo, International Breweries Plc declined by 13.04 per cent or N3.00 to close at N20.00. Other firms that took downward trends were Julius Berger Nigeria Plc 10.00 per cent, Okomu Oil Palm 10.0 per cent , Union Dicon Salt Plc 9.67 per cent, Premier Paints Plc 9.62 per cent, Conoil Plc 9.57 per cent, Prestige Assurance Plc 9.09 per cent, Associated Bus Company Plc 9.09 per cent.
A total of 4,800 units of Exchange Traded Products (ETPs) valued at N45,578.70 executed in 9 deals were traded during the week. No trade was recorded in the previous week.
A total of 41,150 units of Federal Government Bonds valued at N43.977 million were traded this week in 11 deals compared with a total of 14,246 units valued at N14.980 million transacted last week in 17 deals.
