Market Cap (N’bn) 7,004.53
Market Cap (US$’bn) 43.63
NSE All-Share Index 21,963.87
Daily Performance % (0.46)
1 Week Performance % (1.21)
YTD Performance % 5.95
Daily Volume (Million) 393.03
Daily Value (N’bn) 2.45
Daily Value (US$’m) 15.25
Prices of shares at the Nigerian Stock Exchange continued gradual descent as the Exchange closed the week at 46 basis points lower. Transcorp once again emerged top on the volume traded list with volumes in excess of 146.4million units exchanging hands; however, profit taking by market participants took its toll on the share price sending it for a 4.9 per cent correction in value to close at the day’s lower limit of N0.97. Institutional “bid” interest not only pulled GTBank out of the doldrums, it also managed to record a marginal lift of 1.3 per cent to close at N15.19. Fidelity Bank, Unity Bank, Wema Bank and Stanbic IBTC closed on a relatively flat note. Zenith Bank on the other hand, went under the market scalpel for a 54kobo reduction in price to close at N13.45 while the likes of Skye Bank, UBA and Union Bank also shed marginal points. For the consumer goods Nascon, Dangote Flour, Cadbury and Flour Mill ended the day in negative territory; Nestle however was able to hold its own at N425.00 as volumes on “offer” were less than 20,000 units.
