Home Finance Nigerian Stock Market Statistics (Thursday, 31st May, 2012)

Nigerian Stock Market Statistics (Thursday, 31st May, 2012)

by Business News Report

Market Cap (N’bn) 7,037.23
Market Cap (US$’bn) 44.08
NSE All-Share Index 22,066.40
Daily Performance % (0.47)
1 Week Performance % (0.68)

YTD Performance % 6.44
Daily Volume (Million) 324.18
Daily Value (N’bn) 2.25
Daily Value (US$’m) 14.06
The Nigerian Stock Exchange All-Share Index closed the day transactions with a 47 basis points dip, as trading pattern continued along the path experienced in previous sessions. Transcorp closed the day limit up with over 104 million units exchanging hands to emerge top on the volume traded list. Closing “bids” at the end of the session stood in excess of 117 million units, leaving one to reasonably conclude that a further mark up in price is highly probable. For the banks, GTBank and Zenith Bank caved in below their support levels of N15.40 & N14.50 as interest waned at mid session to close with dips of 2.6 per cent and 3.5 per cent respectively; however, First Bank was able to fend off the “bears” holding steady at N11.50 levels. Access Bank and Stanbic IBTC on the other hand managed to chalk up some marginal gains at the end of trading. For the Consumer goods; Cadbury, Dangote Flour, Dangote Sugar and Nascon all shed points to close the day lower, while Unilever held steady courtesy of a dearth of supply volumes.

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