A weekly transaction report was published on Friday, October 30, 2022 in Lagos. This report mentioned that the conglomerate industry followed with 37,514 million shares worth 49.503 million naira in 393 transactions at the time when the ICT industry was in third place, with a turnover of 30.708 million shares worth 8.383 billion naira in 1,218 transactions.

The business chart on the Nigerian stock exchange floor was dominated by the financial services sector with 398.264 million shares valued at 2,219 billions of naira traded in 8,247 transactions. To this end, the transaction report published last Friday mentioned that this week, investors traded a total turnover of 598.817 million shares on the stock exchange floor. That is worth 14.234 billion naira in 15,859 transactions against a total of 938.020 million shares worth 16.701 billion naira that traded hands last week in 15,700 transactions.

According to the same report, the trading of, Mutual Benefits Assurance Plc, Sterling Bank Plc, and Fidelity Bank Plc, the three main stocks represented 181.347 million shares of a worth 248.920 million naira in 854 transactions. This is to contribute to 30.28% and 1.75% of the volume and to the total value of stock turnover, respectively.

To close the week, at 43 912.64 and N23,918 trillion respectively, the NGX All-Share Index and the market cap depreciated by 1.09%. As for the other indices, they ended lower. Except for the NGX-Main Board, NGX Banking, NGX MERI Value, and NGX Industrial, which appreciated by 0.83%, 0.07%, 1.21%, and 0.34%, respectively, while the NGX ASem and NGX Growth indexes closed flat. ($1 = N437).