NSE records N16.6 billion turnover in one week
• Delists Cappa & D’Alberto from official list
A TURNOVER of 1.663 billion shares worth N16.585 billion were traded this week in 23,591 deals by investors on the floor of the Nigeria Stock Exchange (NSE) in contrast to a total of 2.013 billion shares valued at N23.377 billion that changed hands 20,902 deals during the preceding week.
Precisely, the financial services industry (measured by volume) led the activity chart with 1.373 billion shares valued at N9.219 billion traded in 13,354 deals, thus contributing 82.53 per cent and 55.59 per cent to the total equity turnover volume and value respectively.
The conglomerates industry followed with a turnover of 97.829 million shares worth N548.892 million in 1,557 deals.
The third place was occupied by the consumer goods industry with 57.872 million shares worth N3.979 billion in 3,872 deals.
Trading in the top three equities- Access Bank Plc, Zenith International Bank Plc, and Mutual Benefits Assurance Plc (measured by volume) accounted for 561.416 million shares worth N4.147 billion in 3,370 deals, contributing 33.75 per cent and 25.00 per cent to the total equity turnover volume and value respectively.
Also traded during the week were a total of 19,856 units of Exchange Traded Products (ETPs) valued at N1.429 million executed in 31 deals compared with a total of 1,852 units valued at N219,311.75 transacted last week in 19 deals.
Similarly, a total of 30,650 units of FGN bonds valued at N22.872 million were executed in 5 deals compared with a total of 300 units of FGN bonds valued at N313,385.14 transacted last week in three deals.
The NSE All-share index and market capitalisation depreciated by 3.68per cent and 3.09per cent respectively to close on Friday at 29,034.89 and N9.671 trillion respectively.
Similarly, all the indices finished lower during the week with exception of the NSE Oil & Gas index that inched up by 1.59per cent, while NSE ASeM Index closed flat.
Also, 15 equities appreciated in price during the week, higher than 14 equities of the preceding week. 53 equities depreciated in price lower than 55 equities of the preceding week, while 127 equities remained unchanged same as recorded in the preceding week.
A total of 7,600,403,900 ordinary shares of 50k each at N10.00 of Transcorp Hotels Plc were admitted to trade at the Exchange on January 15th, 2014.
A total of 41,000,000 ordinary shares of 50 kobo each were added to the outstanding shares of Union Dicon Salt Plc which arose by means of Special Placing by the company. By this action, the total outstanding shares of the company is 273,338,776 units.
Similarly, a total of 500,000,000 ordinary shares of 50 kobo each were added to the outstanding shares of Mansard Insurance Plc arising from Mansard Share Option Plan approved in 2014 for employees of the company.
By this action, the total outstanding shares of the company is 10,500,000,000 units.
Meanwhile, Cappa & D’Alberto Plc has been delisted from the Nigerian Stock Exchange (NSE).
According to a statement by the Exchange:” The NSE hereby gives notice that effective today, 16 January 2015, the shares of Cappa and D’Alberto Plc will be delisted from the Daily Official List of The Exchange.”
“Today’s delisting of Cappa and D’Alberto brings to closure a sixty-nine month impasse regarding its purported delisting pursuant to resolutions passed at an Extraordinary General Meeting of the Company held on 24 March 2009.
“Henceforth, shareholders wishing to exit the Company on account of its unlisted status may contact the Company, which has undertaken not to unduly hinder such exits. Exiting shareholders may consider exiting through the Over the Counter Market.”