In one week, equity investors saw a N8 billion gain.

The Nigerian Exchange Limited’s recent trend of optimistic trading slowed this past week, resulting in a gain of N8 billion for investors.
Trading operations on the NGX got off to a good start, rising to N35.539tn on Monday, with market capitalization finishing at N35.994tn the previous Friday.
It increased to N35.932tn on Tuesday before falling steadily during the following three trading sessions as a result of the announcement that the Monetary Policy Rate will increase to 18.50%, ending the week at N35.402 on Friday.
The market capitalization and NGX All-Share Index both saw a 0.02 percent increase.
Similar to this, all other indices also ended higher, with the exception of the NGX Main Board, NGX CG, NGX Banking, NGX Insurance, NGX AFR. Bank Value, NGX AFR. Div. Yield, NGX MERI Value, NGX Consumer Goods and NGX Industrial Goods Indices, which declined by 0.16 percent, 0.90 percent, 1.60 percent, 2.20 percent, 1.78 percent, 0.65 percent, 2.
Investors traded 2.854 billion shares worth N37.645 billion last week in 41,547 transactions, down from 4.182 billion shares worth N99.048 billion that changed hands in 41,446 transactions the week before.
With 1.936 billion shares worth N27.704 billion exchanged in 20,839 deals, the Financial Services Industry dominated the activity chart in terms of volume, accounting for 67.84 percent and 73.59 percent of the overall stock turnover volume and value.
The oil and gas sector came in second with 328.578 million shares worth N2.073 billion traded in 3,252 transactions. The Conglomerates Industry came in third with 2,139 transactions totaling 156.660 million shares valued at N692.091 million.
988.076 million shares worth N13.278 billion changed hands in 5,887 transactions in the top three stocks, FBN Holding Plc, Japaul Gold & Ventures Plc, and United Bank for Africa Plc, accounting for 34.62 and 35.27 percent of the total equity turnover volume and value.
39 stocks gained over the week, which was fewer than the 73 stocks that gained the week before. 54 stocks declined, more than the 19 that did so the week before, while 62 stocks were stable, fewer than the 64 that did so the week before.
Gainers for the week include Lasaco Assurance, which increased by 26.88% to close at N2.03, and Skyway Aviation, which increased by 43.83% to close at N23.30. Nascon Allied Industries increased by 24.14% to close at N36; FTN Cocoa processors increased by 23.50% to close at N2.47; and Japaul Gold increased by 21.43% to close at N1.02.
Cadbury Nigeria dropped 26.76% to close trading at N12.45 on the losers’ chart for the week, John Holt lost 23.08% to close at N2.20, and Multiverse lost 19.68% to close at N2.98. Thomas Wyatt, a manufacturer of paper, saw a 17.20% decline in the value of its stock, closing at N1.30, and Nigerian Breweries saw a 16.38% decline in the value of its stock, closing at N36.50.