Home Finance Nigerian Stock Market Statistics (Monday, 9th July, 2012)

Nigerian Stock Market Statistics (Monday, 9th July, 2012)

by Business News Report

Market Cap (N’bn) 7,084.15
Market Cap (US$’bn) 44.03
NSE All-Share Index 22,191.14
Daily Performance % 0.36
1 Week Performance % 2.87

YTD Performance % 7.05
Daily Volume (Million) 136.81
Daily Value (N’bn) 1.67
Daily Value (US$’m) 10.37
The Nigerian Stock Exchange All-Share Index advanced 36basis points today. Demand for Dangote Flour did not weaken during the day’s session, as bids at the highest price of the day continued to grow, leading to a 4.9 per cent mark-up with a possibility of further gains in coming sessions this week; 7up also closed on the up-tick with a 5.0 per cent mark-up. On the flip side, Nestle dropped a few points, as bullish sentiments appeared to cool slightly today; also heading south was Cadbury with a 0.8 per cent drop. Bullish sentiments were skewed to mid-tier and low priced stocks in the banking sector; Stanbic IBTC led the gainers list in the sector with a 4.8 per cent mark-up. Sterling Bank, Union Bank and Skye Bank also closed on the up-tick, recording gains of 4.3 per cent, 3.7 per cent and 2.4 per cent respectively. On the other hand, First Bank, Zenith Bank and UBA shed about 1.0 per cent apiece with fairly matched demand and supply. A last minute sell off trimmed 0.2 per cent from Unilever at the close of the session; however, demand at N31.00 and below, is likely to prevent a further slide tomorrow; also in the conglomerates sector, A.G. Leventis consolidated on previous gains with a 4.1% mark-up.

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