Home Finance Nigeria Stock Market Statistics (Thursday, 24th November, 2011)

Nigeria Stock Market Statistics (Thursday, 24th November, 2011)

by Business News Report

Market Cap (N’bn) 6,281.65
Market Cap (US$’bn) 39.40
NSE All-Share Index 19,961.18
Daily Performance % (0.55)
1 Week Performance % (1.96)

YTD Performance % (19.42)
Daily Volume (Million) 148.41
Daily Value (N’bn) 1.54
Daily Value (US$’m) 9.68
Dealer’s Perception
The NSE All-Share Index lost 55bps.
Zenith Bank recovered today with a marginal 0.3% increase in its share price to N11.95, however, glutting offers at N12.00 might limit future appreciation. Also on the up-tick was Sterling Bank, with a 1.9% gain. On the flip side, GTBank and First Bank lost 1.2% and 0.2% respectively, while mid-tier banks Access Bank, Fidelity Bank and Stanbic IBTC were not spared, shedding 3.0%, 4.7% and 5.0% respectively. Crossed deals in the breweries sector led to a 4.1% mark-up in the price of Premier Breweries. NB however had 0.3% shaved off its price and bids at the lower end of the market could lead to more losses tomorrow. Guinness recorded no price change, though current bids at N202.00 might continue to support it at this level. In the building materials sector, CCNN rallied with a 4.8% gain, while Lafarge Wapco inched up marginally. Ashaka Cement and Dangote Cement however recorded no change.

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