Trading activity on the Nigerian Exchange Ltd. (NGX) surged significantly during the week, with investors trading a total turnover of 7.684 billion shares valued at N494.126 billion in 116,645 transactions.This performance marks a substantial increase compared to the previous week, which saw 2.735 billion shares worth N85.197 billion traded in 127,284 deals. Consequently, the total value of transactions for the week advanced by 479.9 percent.Sectoral analysis indicates the Financial Services Industry dominated trading activity, accounting for 6.399 billion shares valued at N71.807 billion traded in 54,799 deals. This contributed 83.27 percent and 14.53 percent to the total equity turnover volume and value, respectively.The Oil and Gas Industry followed with 730.517 million shares worth N391.364 billion in 7,059 deals. The Services Industry ranked third, with a turnover of 128.647 million shares worth N962.909 million in 5,863 transactions.Trading in the top three equities—Unity Bank Plc, Aradel Holdings Plc, and Consolidated Hallmark Holdings Plc—accounted for 5.209 billion shares worth N404.945 billion in 2,667 deals, contributing 67.79 percent and 81.95 percent to the total equity turnover volume and value, respectively.Market indices mostly closed positive. The NGX All-Share Index and market capitalisation appreciated by 0.20 percent and 0.24 percent to close the week at 142,133.03 and N89.960 trillion, respectively. However, the NGX CG, NGX Pension, NGX Insurance, NGX MERI Growth, NGX Oil and Gas, NGX Lotus II, NGX Pension Broad, and NGX Commodity Indices recorded declines, while the NGX ASeM and NGX Sovereign Bond indices closed flat.A total of 32 equities appreciated in price during the week, lower than the 40 gainers recorded in the previous week. Conversely, 51 equities depreciated in price, higher than the 41 decliners from the prior week, while 64 equities remained unchanged.The top five gainers for the week were Thomas Wyatt Nigeria, Secure Electronic Technology, Mecure Industries, Chellaram, and Royal Exchange. The top five decliners were Wema Bank, Fidelity Bank, Eterna, Ikeja Hotel, and Africa Prudential.In a separate notice, the NGX informed trading license holders of the listing of an additional 3,166,284,712 ordinary shares of FCMB Group Plc on Tuesday, September 23. These shares arose from the conversion of a N23.11 billion loan to equity. Following this listing, FCMB’s total issued and fully paid-up shares have increased from 39.61 billion to 42.77 billion ordinary shares.