By Dipo Olowookere
Data obtained by the News Agency of Nigeria (NAN) from the Nigerian Stock Exchange (NSE) showed that transactions of the floor of the NSE last month rose by 12.32 percent.
It was gathered that a total of 8.66 billion shares valued at N97.08 billion exchanged hands during the month in 89,911 compared with 7.71 billion shares worth N77. 92 billion traded in 100,895 in the month of June.
According to NAN, the Financial Services sector led these transactions with investors trading 7.45 billion shares in the industry valued at N68.24 billion transacted in 51,991 deals.
Under the sector, United Bank for Africa (UBA) was the most active stock having accounted for 2.96 billion shares worth N28 billion in 5,814 deals.
It was trailed by FBN Holdings with 597.61 million shares valued at N3.57 billion transacted in 7,816 deals.
A further breakdown of the month’s activity chart indicated that conglomerates industry came third with a turnover of 432.97 million shares worth N895.02 million in 4,249 deals.
Transcorp was the toast of investors in the sector, accounting for 412.99 million shares valued at N601.78 million achieved in 3,276 deals, while UACN sold 17.11 million shares worth N290.42 million in 833 deals.
Consumer Goods sector traded 346.18 million shares worth N15.02 million in 14,083 deals.
more recommended stories
Ellah Lakes Lists New 1.880 Billion Shares on NSE
By Dipo Olowookere Fresh 1.888 billion.
Royal Exchange Board Holds Emergency Meeting
By Dipo Olowookere The board of.
I&E Records $200m Turnover Monday as Panic Persists
**Naira Trades 360.50/$ at I&E FX.
Nigeria Must Act Fast to Avert Serious Food Disaster—ICC Nigeria
The need for federal government of.
SEC Lied, Never Gave us Fair Hearing—Oando Insists
By Dipo Olowookere Embattled Nigerian energy.
T-Bills Yields Jump 0.11% on Sell Pressure
By Dipo Olowookere The secondary market.
Equities Post 0.37% Loss Despite Rise in Trades
By Dipo Olowookere The nation’s bourse.
Nigeria’s Inflation Rises to 11.40% in May as Food Index Jumps to 13.79%
By Modupe Gbadeyanka The National Bureau.