Investors in the NGX equities market during the week ended October 09,2026 were bullish on the shares of Access Holdings, Zenith Bank and United Bank for Africa (UBA).
Trading in these top three equities, Access Holdings Plc, Zenith Bank, and United Bank for Africa, measured by volume, accounted for 1.020 billion shares worth N50.520 billion transacted in 29,382 deals, contributing 37.56% and 31.92% to the total equity turnover volume and value respectively.
The increased demands for the banking stocks, reflects earning opportunities, even as Zenith Bank is currently trading cum dividend, having proposed interim dividend of N1.50 per share.
Meanwhile, a total turnover of 2.715 billion shares worth N158.280 billion in 209,986 deals was traded last week by investors on the floor of the NGX Exchange, in contrast to a total of 3.166 billion shares valued at N155.023 billion that exchanged hands in the prior week in 206,662 deals.
The Financial Services Industry, measured by volume, led the activity chart with 2.005 billion shares valued at N82.924 billion traded in 94,483 deals: thus contributing 73.84% and 52.39% to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 152.345 million shares worth N11.425 billion in 20,926 deals. Third place was the ICT Industry, with a turnover of 117.296 million shares worth N15.256 billion in 22,556 deals.
A total of 1.831 million units is Exchange Traded Products (ETPs) valued at N687.314 million were traded during the week in 5,413 deals, compared with a total of 1.684 million units valued at N379.449 million, transacted in the prior week in 4,327 deals.
Also, a total of 144,034 units of Bonds valued at N146.416 million were traded in 48 deals compared with a total of 81,063 units valued at N85.606 million transacted in the preceding week in 48 deals.
The NGX All-Share Index (ASI) and Market Capitalization depreciated by 0.97 percent to close the week at 248,363.55 and N161.260 trillion respectively.
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