A turnover of 2.5 billion shares worth N26.8 billion in 50,466 deals was recorded this week, in contrast to a total of 2.2 billion shares valued at 28.44 billion exchanged last week in 48,445 deals.
The Banking subsector was the most active during the week(measured by turnover volume), with 1.3 billion shares worth N16.1 billion exchanged by investors in 26,171 deals.
Volume in the Banking subsector was largely driven by activity in the shares of Fidelity Bank Plc, Afribank Nigeria Plc, Wema Bank Plc and First City Monument Bank Plc.
Trading in the shares of the four banks accounted for 685.01 million shares, representing 53.4% of the subsector's turnover
As in the preceding week, Insurance subsector, boosted by activity in the shares of Cornerstone Insurance Plc and Lasaco Assurance Plc followed on the week's activity chart with a turnover of 490.6 million shares valued at N1.2 billion in 4,726 deals.
