Nigerian Stock Exchange Stock Market Report For The Week Ended May 03, 2013

The  Market  opened  for  four  days  this  week  as  the  Federal  Government  of  Nigeria  declared Wednesday 1st May, 2013 (May Day) a public holiday to mark the Workers' Day Celebration.

A turnover of 1.511 billion shares worth of N15.867 billion in 20,965 deals were transacted this week by investors on the floor of The Exchange in contrast to a total of 1.758 billion shares valued at N17.898 billion that exchanged hands last week in 23,958 deals. At the close of trading activities for the week, the Financial Services sector (measured by turnover volume) led the sectors and accounted for 1.261 billion shares valued at N10.855 billion exchanged hands by investors in 12,786 deals. Consumer Goods sector followed in the activity chart with 48.204 million shares valued at N3.224 billion traded in 3,427 deals.

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