Investors stake N13.5b inequities as indices dip by 0.2 per cent

At the close of transactions last week, a turnover of 1.28 billion shares worth N13.5 billion was recorded in 22,118 deals by investors on the floor of the exchange.

This volume of shares traded was, however, lower than 1.17 billion units, valued at N16.6 billion that was exchanged in 21,076 deals during the preceding week.

A breakdown of activities last week showed that the financial services industry (measured by volume) led the activity chart with 851.6 million shares valued at N7.5 billion traded in 11,930 deals, thus contributing 66 per cent to the total equities turnover.

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