For the month of May 2022, investors traded N6877.1 billion worth of fixed income securities on the Nigerian Exchange Limited (NGX) when market capitalization increased to N22.44 trillion from N21.75trillion recorded in April.
However, despite a 12.12 per cent increase in total deals to 74 per cent achieved in May, up from 66 deals recorded in April, total value traded depreciated by 33.67 per cent to N393.3million in May from N260.86 million in April 2022.
Also, total volume traded at the fixed income of the NGX depreciated by 34.84per cent to close May at 246,038.00 from 377,566.00 reported in April.
According to the Exchange monthly statistics, the Exchange Traded Products (ETPs) capitalization added N247.9 million or percent to close May at N7.39 billion from N7.14 billion in April.
As ETPs value traded rose by 553.25 per cent to N15.99 million in May from N2.45 million in April, its volume traded also appreciated significantly by 356.20 per cent to 115,624.00 from 527,481.00