NGX ASeM, NGX Growth Indices Closed Flat, As Market Capitalization Depreciated By 3.10% 

…As Market Capitalization depreciated by 3.10% to close the week at 50,370.25 and N27.163 trillion 

Equity recorded on Friday, July 29th, 2022 was a total turnover of 1.546 billion shares worth N16.289 billion in 23,873 deals traded this week by investors on the floor of the Exchange, in contrast to a total of 917.190 million shares valued at N14.803 billion that were exchanged hands last week in 19,513 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.192
a billion shares valued at N5.978 billion traded in 11,996 deals; thus contributing 77.11% and 36.70% to the total equity turnover volume and value respectively. The Conglomerates
Industry followed with 102.969 million shares worth N236.618 million in 858 deals. The
third place was the Consumer Goods Industry, with a turnover of 102.937 million shares
worth N2.616 billion in 3,167 deals.

Trading in the top three equities namely International Energy Insurance Plc, Transcorp
Hotels Plc and Zenith Bank Plc (measured by volume) accounted for 798.900 million
shares worth N2.602 billion in 3,110 deals, contributing 51.69% and 15.98% to the total
equity turnover volume and value respectively.

ETP: A total of 35,532 units valued at N1.715 million were traded this week in 26 deals compared with a total of 196.303 units valued at N6.346 million transacted last week in 34 deals.

BONDS: A total of 94,006 units valued at N100.359 million were traded this week in 18 deals compared with a total of 79,914 units valued at N83.072 million transacted last week in 31 deals.

The NGX All-Share Index and Market Capitalization depreciated by 3.10% to close the
week at 50,370.25 and N27.163 trillion respectively.

Similarly, all other indices finished lower with the exception of The NGX Sovereign Bond
Index which appreciated by 0.08% while, The NGX ASeM and NGX Growth indices closed
flat. (See a summary of index movements in the table below)

Eleven (11) equities appreciated in price during the week, lower than nineteen (19) in the
previous week. Fifty-three (53) equities depreciated at a price higher than thirty-six (36) in
the previous week, while ninety-two (92) equities remained unchanged lower than one
hundred and one (101) equities recorded in the previous week.

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