Investors on the Nigerian Exchange Limited (NGX) suffered a loss of N674 billion last week as the market remained open for only four trading days due to public holidays declared by the Federal Government for Easter celebration. The All-Share index and market capitalization declined by 2.28% during the week, shedding 1238.21 base points and N674 billion respectively.

The ASI started the week at 54,232.34 points and closed at 52,994.13, while the market cap started at N29.543 trillion and closed at N28.869 trillion. Other indices, except for NGX Insurance, finished lower or closed flat.

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NGX Total turnover was 1.054 billion shares worth N10.050 billion, traded in 16,155 deals, compared to 2.071 billion shares valued at N17.562 billion in 17,917 deals the previous week. The financial services industry dominated the activity chart, contributing 59.83% to the total equity turnover volume and 54.11% to the value.

Sixteen equities appreciated during the week, while thirty-seven equities depreciated, and 103 equities remained unchanged. Top NGX gainers included Nigerian Aviation Handling Company Plc, Axa Mansard Insurance Plc, and CWG Plc, while Eterna Oil, Multiverse Mining and Exploration Plc, and Associated Bus Company Plc were among the top losers.