Alibaba signage is posted outside the New York Stock Exchange. (Andrew Burton, AFP)
Lagos - The Nigeria Stock Exchange has ended the week on a positive note in a move analysts linked to the just-ended poll.
A turnover of 2,632 billion shares worth N36,583 billion in 21 393 deals were traded this week by investors on the floor of the exchange in contrast to a total of 2,509 billion shares valued at N24, 115 billion that exchanged hands last week in 19,971 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2,055 billion shares valued at N21, 061 billion traded in 12,133 deals; thus contributing 78,1 percent and 57,57 percent to the total equity turnover volume and value respectively.
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The Conglomerates Industry followed with a turnover of 178, 248 million shares worth N2.352 billion in 1,493 deals.
The third place was occupied by the Consumer Goods Industry with 118, 963 million shares worth N5,585 billion in 2,816 deals.
Trading in the Top Three Equities namely- FBN Holdings Plc, Guaranty Trust Bank Plc and Access Bank Plc (measured by volume) accounted for 834,168 million shares worth N12.162 billion in 5,089 deals, contributing 31,7 percent and 33,25 percent to the total equity turnover volume and value respectively.
Meanwhile, it was a four-day trading week as Friday and the coming Monday are public holidays.