By Dipo Olowookere

The value of shares transacted this week by investors on the floor of the Nigerian Stock Exchange (NSE) depreciated by N31.98 billion compared with last week.

A total turnover of 2.182 billion shares worth N22.795 billion in 17,019 deals were traded this week in contrast to a total of 2.804 billion shares valued at N54.776 billion that exchanged hands last week in 17,792 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.755 billion shares valued at N11.571 billion traded in 8,730 deals; thus contributing 80.44% and 50.76% to the total equity turnover volume and value respectively.

The Consumer Goods Industry followed with 178.154 million shares worth N8.655 billion in 4,457 deals. The third place was occupied by Services Industry with a turnover of 143.821 million shares worth N92,479 million in 470 deals.

Trading in the Top Three Equities namely – Wapic Insurance Plc, Zenith International Bank Plc and United Bank for Africa Plc (measured by volume) accounted for 973.088 million shares worth N5.854 billion in 2,493 deals, contributing 44.59% and 25.68% to the total equity turnover volume and value respectively.

Business Post reports that the NSE All-Share Index and Market Capitalization appreciated by 1.80% and 1.84% to close the week at 37,365.91 and N13.009 trillion respectively.

Similarly, all other indices finished higher during the week with the exception of the NSE Oil/Gas Index which depreciated by 1.45% while the NSE ASeM Index closed flat.

At the close of trading activities this week, 36 equities appreciated in price during the week, higher than 20 of the previous week.

In addition, 24 equities depreciated in price, lower than 43 equities of the previous week, while 111 equities remained unchanged higher than 108 equities recorded in the preceding week.

Also traded during the week were a total of 127 units of Exchange Traded Products (ETPs) valued at N13,837.30 executed in 5 deals meanwhile there were no trades recorded last week.

Furthermore, a total of 9,024 units of Federal Government Bonds valued at N9.485 million were traded this week in 15 deals, compared with a total of 5,950 units valued at N6.247 million transacted last week in 2 deals.

https://www.businesspost.ng/2017/11/25/nigerian-stock-market-turnover-declines-by-n32b-in-5-days/

Buhari sef

Beta to use my money play bet dan buy shares. As an ex auditor i can tell u most of those blue chip coy are frauds. Oando comes to mind

S

It was all a technical hike few months back
The investors are taking their money back

Same thing would happen to TBills. and it shall return to 18% and above, Na that time we go buy again


The volatility of our exchange market is so embarrassing

I have always had the feelings that all this spikes were apparent and not real

Drop a little disturbance in the system and watch the true colors and values show immediately

Access bank tripled in few weeks
Dangote cement traded more than the entire SE In 6 days
NBC on the verge to rise like Debbie Rise

....all Na wash

Just one foreign investors that sold out all this shares (maybe to donate to charity self) everything go reach ground

This administration everything is falling down

Investors taking their profits ,

hmmm

Why wouldn't it?

When they thought their only problem was ipob and anambra election.

They've both lost the two aforementioned...now the bad effect is ricocheting towards them

Companies are winding up for the year and again treading and trading with cautions is vital because of because bogus but empty budget.

Nigeria no be country again nq.
Na fish pond.

My homeboy ,a very very very good medical doctor just got his Visa. Guy GATS to take off with his family before Nigeria ruin his destiny.

I no knw why I no invest in bitcoin when I dey hot....all they said was go buy shares go buy shares.. .now see the value of bitcoin increasing everyday...

géant de l'afrique

A country without reliable power supply and reliable road, rail, and air infrastructure is a joke to industrialization. - vioment

You will see them come to celebrate... When the same news outlet, says that it is gaining, they shout liess...

Bad belle is badd

i didnt read d post just came hr to book space

The. Name is Nigeria stock exchange..

There is fraud in that Company..

The MD is a fraudster

This is the fraud they talk about igbo people.

Do you want to see old pictures

Na was oo,I haven't received my dividends from zenith bank,wahala really dey this country.

economically illiterate govt

We cannot collect our profits in Peace again

Jubriel from Sudan will drive Nigeria to the brink of extinction. I'll vote Atiku, even a corpse, anything is better than this walking mannequin called jubriel from Sudan!

Atiku why naaah

gete21:
The. Name is Nigeria stock exchange..

There is fraud in that Company..

The MD is a fraudster

This is the fraud they talk about igbo people.

Do you want to see old pictures

So Igbo people are the ones threatening investors to pull their money?
Campaign will start next year and the economy might be reacting to that. Who knows.
The investors might be reacting to the news of renewed Boko Haram activities. Who knows.
The investors are pulling their money to safeguard them. This means only one thing, they have lost confidence in our stock market.

Na wetin we go dey yia b dis

But d Hunger wey dey d land no hia

Too bad

That i how it is in the forex market too.... Ups and down.
You buy low and sell high.

Teettyllayho:

Get affordable lands and houses with global C of O and flexible payment plans from ADRON HOMES AND PROPERTIES LTD. The promo ends in few days time. Don't wait to buy, buy now and wait for your property to appreciate. Call/chat-08184859404 for

The one we bought two years ago,we haven't even heard anything about allocation;you guys just kept mute. We bought a land at shimawa phase 2 extention,no news yet.

Kalo kalo

Mmm still sure pass nse

g

dipoolowoo:
By Dipo Olowookere

The value of shares transacted this week by investors on the floor of the Nigerian Stock Exchange (NSE) depreciated by N31.98 billion compared with last week.

A total turnover of 2.182 billion shares worth N22.795 billion in 17,019 deals were traded this week in contrast to a total of 2.804 billion shares valued at N54.776 billion that exchanged hands last week in 17,792 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.755 billion shares valued at N11.571 billion traded in 8,730 deals; thus contributing 80.44% and 50.76% to the total equity turnover volume and value respectively.

The Consumer Goods Industry followed with 178.154 million shares worth N8.655 billion in 4,457 deals. The third place was occupied by Services Industry with a turnover of 143.821 million shares worth N92,479 million in 470 deals.

Trading in the Top Three Equities namely – Wapic Insurance Plc, Zenith International Bank Plc and United Bank for Africa Plc (measured by volume) accounted for 973.088 million shares worth N5.854 billion in 2,493 deals, contributing 44.59% and 25.68% to the total equity turnover volume and value respectively.

Business Post reports that the NSE All-Share Index and Market Capitalization appreciated by 1.80% and 1.84% to close the week at 37,365.91 and N13.009 trillion respectively.

Similarly, all other indices finished higher during the week with the exception of the NSE Oil/Gas Index which depreciated by 1.45% while the NSE ASeM Index closed flat.

At the close of trading activities this week, 36 equities appreciated in price during the week, higher than 20 of the previous week.

In addition, 24 equities depreciated in price, lower than 43 equities of the previous week, while 111 equities remained unchanged higher than 108 equities recorded in the preceding week.

Also traded during the week were a total of 127 units of Exchange Traded Products (ETPs) valued at N13,837.30 executed in 5 deals meanwhile there were no trades recorded last week.

Furthermore, a total of 9,024 units of Federal Government Bonds valued at N9.485 million were traded this week in 15 deals, compared with a total of 5,950 units valued at N6.247 million transacted last week in 2 deals.

https://www.businesspost.ng/2017/11/25/nigerian-stock-market-turnover-declines-by-n32b-in-5-days/

Sincerely,when Mrs. Ndidi Okereke Onyiuke,sorry if I pronounced the name wrong,was the DG of NSE during OBJ administration,our stock exchange was the best in Africa honestly. But since she left,that place has become a shadow of itself. Without mincing words,our economy keeps getting worse,they're just telling us what they feel we want to hear.

APC buhari till 3024....