Home Finance Nigerian Stock Market Statistics (Thursday, 5th July, 2012)

Nigerian Stock Market Statistics (Thursday, 5th July, 2012)

by Business News Report

Market Cap (N’bn) 7,038.87
Market Cap (US$’bn) 43.41
NSE All-Share Index 22,049.30
Daily Performance % 0.54
1 Week Performance % 2.35

YTD Performance % 6.36
Daily Volume (Million) 159.16
Daily Value (N’bn) 1.50
Daily Value (US$’m) 9.27
The Nigerian Stock Exchange All-Share Index gained 54basis points. The rally on Dangote Flour continued as demand for the stock racked up during proceedings; a hold back on offers culminated in a 4.9 per cent mark-up for the stock. The demand for Nestle during the session also firmed up its price with a crossed deal at the top price of the day, leading to a 5.0 per cent mark-up; closing sentiments for both companies could lead to further appreciation. Zenith Bank loosing 3.7 per cent was the only decline in the banking sector today as it caved to supply pressure during the session. However, current bullish sentiments in the sector could make this short-lived with selling pressure on the stock possibly abating. On the flip side, Access Bank and Stanbic IBTC consolidated on previous gains with gains in excess of 4.0 per cent apiece; while Fidelity Bank and Sterling Bank rallied with gains of 4.8 per cent and 4.2 per cent respectively.

Related Posts

Leave a Comment