Home Finance Nigerian Stock Market Statistics (Monday, 6th August, 2012)

Nigerian Stock Market Statistics (Monday, 6th August, 2012)

by Business News Report

Market Cap (N’bn) 7,453.77
Market Cap (US$’bn) 46.12
NSE All-Share Index 23,418.66
Daily Performance % (0.44)
1 Week Performance % 0.50

YTD Performance % 12.97
Daily Volume (Million) 188.03
Daily Value (N’bn) 1.76
Daily Value (US$’m) 10.87
Nigerian Stock Exchange All share index lost 44basis points at the close of the day’s session. Top-tier banks UBA, Zenith Bank and GTBank all inched up marginally at the close of the session as demand outweighed offers during the session. First Bank was however divergent to the trend, as it caved to supply pressure which trimmed off 2.5 per cent from its price; also heading south was Stanbic IBTC with institutional sales trimming off 2.3 per cent and weak closing demand which could lead to further losses tomorrow. NB was also in line with market sentiments dropping 2.7 per cent and closing with more offers than demand. On the other hand, Guinness held steady at current levels and International Breweries bagged 4.9 per cent with closing demand suggesting the possibility of further gains tomorrow. The building materials sector was quiet today; Dangote Cement and CCNN traded less than 100,000 units, though sentiments were skewed to the sell side for both companies. Ashaka Cement lost 2.3 per cent; however closing demand outweighed offers and could lead to a reversal of this loss tomorrow.

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