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The main index of the Nigerian Stock Exchange – the All Share Index – appreciated by 1.60 percent during the trading week ended on June 16th, according to the NSE’s weekly market report.

The index rose to 33,8160.56 points compared with 33,276.68 points posted a week earlier. On a year-to-date basis, the index has added 25.81 percent to its value.

Market capitalization rose to 1.63 percent to N11.692 trillion as against N11.504 trillion recorded in the previous week.

A summary of stock price changes during the week showed that: 38 equities appreciated in price during the week as against 59 equities in the previous week; 42 depreciated in price compared with 21 equities a week earlier; and 93 equities remained unchanged, same as the 93 equities recorded in the preceding week.

On the gainer’s chart, the most appreciated stocks were: May & Baker Nigeria, which rose 60.56 percent to close at N4.56; Skye Bank, which rose 41.51 percent to close at 75 kobo; Cement Company of Northern Nigeria, which rose 33.69 percent to close at N8.85; Transnational Corporation of Nigeria, which rose 22.37 percent to close at N1.86; and AshakaCem, which rose 21.29 percent to close at N14.07.

On the loser’s chart, the most depreciated stocks were: International Breweries, which fell 19.17 percent to close at N26.05; Forte Oil, which fell 13.56 percent to close at N55.58; Learn Africa, which fell 12.63 percent to close at 83 kobo; Champion Breweries, which fell 8.55 percent to close at N3.10; and Custodian and Allied, which fell 8.45 percent to close at N3.36.

A total turnover of 2.737 billion shares worth N32.042 billion in 32,217 deals were traded during the week in contrast to a total of 3.100 billion shares valued at N29.180 billion that exchanged hands a week earlier in 33,677deals.

The Financial Services Industry led the activity chart with 2.189 billion shares valued at N21.792 billion traded in 18,832 deals. The sector contributing 79.98 percent and 68.01 percent to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 287.945 million shares worth N621.772 million in 2,031deals. The third place was occupied by Consumer Goods Industry with a turnover of 114.832 million shares worth N5.370 billion in 5,040 deals.

Trading in the top three equities – Access Bank, Zenith International Bank, and Transnational Corporation of Nigeria – accounted for 918.046 million shares worth N10.324 billion in 5,809 deals. The equities contributed 33.53 percent and 32.22 percent to the total equity turnover volume and value respectively.