Consequently, the NSE All-Share index , and market capitalisation depreciated by 1.99% to close the week at 24,336.12 and N12.695 trillion, respectively. All other indices also finished lower.
He said: “It is sad that this same government that recently announced a N2.3-trillion stimulus package to ease the pains of the pandemic on the people, and continued rise in inflationary pressure, is raising fuel price, a situation that is likely to result in an increase in the prices of goods and services.
Last week, a turnover of 961.833 million shares worth N9.181 billion was recorded in 20,058 deals by investors on the floor of the Exchange, in contrast to the 739.375 million shares valued at N8.563 billion that exchanged hands in 17,248 deals during the previous week. Trading in top three equities namely, FBN Holdings Plc, Guaranty Trust Bank Plc, and United Bank for Africa Plc accounted for 275.099 million shares worth N2.818 billion in 3,497 deals, contributing 28.60 per cent to the total volume.
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