Market Cap (N’bn) 6,626.81
Market Cap (US$’bn) 41.57
NSE All-Share Index 20,934.96
Daily Performance % 0.15
1 Week Performance % 3.36
YTD Performance % (15.48)
Daily Volume (Million) 254.28
Daily Value (N’bn) 2.58
Daily Value (US$’m) 16.21
• The NSE All-Share Index moved up marginally by 15bps today.
• The banking sector was skewed to the sell side, recording more losses than gains at the close of the session. Unrelenting offers shaved off 4.0% from UBA and outstanding offers today could lead to more losses tomorrow. Access Bank and Stanbic IBTC were also sent tumbling, losing 4.5% and 5.0% respectively. On the flip side, demand for GTBank and Skye Bank led to gains of 3.2% and 1.8% respectively.
• In the building materials sector, a hold back on offers led to a marginal mark-up for Dangote Cement; this current trend could send its price further north in coming sessions. Ashaka Cement also rallied with a 5.0% gain, while Lafarge Wapco and CCNN both closed flat.
• In the petroleum marketing sector, Oando closed on full offer today, although it recorded no price change. Available offers at limit down was however slim and could lead to a reversal of this trend tomorrow.
