Market Cap (N’bn) 7,360.41
Market Cap (US$’bn) 46.46
NSE All-Share Index 23,125.32
Daily Performance % (0.64)
1 Week Performance % (1.14)
YTD Performance % 11.55
Daily Volume (Million) 206.95
Daily Value (N’bn) 1.35
Daily Value (US$’m) 8.53
The Nigerian Stock Exchange All-Share Index dropped by 64basis points. The banking sector remained bearish with more losses than gains. The gainers in the sector were Fidelity Bank, Diamond Bank and Zenith Bank, with demand outweighing offers, this trend could continue. On the other hand, profit taking trimmed off over 4.0 per cent from Union Bank, while speculators seeking to exit positions could lead to further losses in coming sessions. Crossed deals at the close of the session trimmed off 2.2 per cent from Dangote Cement, however, sentiments remained skewed to the sell side and could lead to further losses tomorrow. Ashaka Cement, Lafarge Wapco and CCNN were however skewed to the buy side, with CCNN closing the session with a 4.9 per cent mark-up. PZ Cussons and A.G. Leventis recovered from previous day’s losses picking up 1.8 per cent and 4.6 per cent respectively. Transcorp however lost a further 1.0 per cent, but closing sentiments could see this trend change.
