By TAIYE OLAYEMI

Stock market investors traded 2.057 billion shares worth N51.015 billion in 65,016 transactions on the floor of the Exchange this week.

This is compared to 3.214 billion shares valued at N76.348 billion that exchanged hands last week in 64,156 deals.

Consequently, the value of transactions traded by investors on the Exchange dropped by 49.63 per cent.

Meanwhile, the market opened for three trading days this week as the Federal Government declared Monday, June 9, and Thursday, June 12, as public holidays to commemorate 2025 Eid Kabir and Democracy Day celebrations.

The Financial Services Industry led the activity chart with 1.060 billion shares valued at N26.371 billion traded in 27,201 deals.

This contributed 51.55 per cent and 51.69 per cent to the total equity turnover volume and value respectively.

The Services Industry followed with 490.276 million shares worth N1.586 billion in 3,865 transactions.

The third place was the Consumer Goods Industry, with a turnover of 122.795 million shares worth N5.841 billion in 7,638 deals.

Trading in the top three equities, namely Tantalizer Plc, Access Holdings Plc, and Zenith Bank Plc, accounted for 693.553 million shares worth N9.957 billion in 7,661 transactions.

This contributed 33.72 per cent and 19.52 per cent to the total equity turnover volume and value respectively.

The NGX All-Share Index and Market Capitalisation appreciated by 0.71 per cent to close the week at 115,429.54 and N72.788 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Div Yield, NGX MERI Value, NGX Oil & Gas, and NGX Commodity Indices, which depreciated by 0.11 per cent, 0.61 per cent, 0.81 per cent, 1.22 per cent, and 1.41 per cent respectively.

The NGX ASeM and NGX Banking indices closed flat.

However, 55 equities appreciated in price during the week, higher than fifty-three (53) equities in the previous week.

Thirty-nine equities depreciated in price, lower than 43 in the previous week, while 54 equities remained unchanged, higher than 52 recorded in the previous week.

The top five decliners for the week included: John Holt, Industrial and Medical Gases Nigeria, RT Briscoe, Northern Nigeria Flour Mills, and Conoil as they lost N1.40, N4.50, 25k, N12.50, and N26.80 respectively.

Legend Internet, Berger Paints, Ellah Lakes, Oando, and Fidson Healthcare were the top five gainers for the week, as they grew by 32.77 per cent, 30.73 per cent, 27.35 per cent, 21.37 per cent, and 20.75 per cent respectively.

The companies gained N1.75, N6.30, N93k, N12.15, and N6.60 respectively. (NAN)