Market Cap (N’bn) 6,552.33
Market Cap (US$’bn) 40.66
NSE All-Share Index 20,790.87
Daily Performance % (0.41)
1 Week Performance % 0.80
YTD Performance % 0.29
Daily Volume (Million) 190.96
Daily Value (N’bn) 1.52
Daily Value (US$’m) 9.41
The NSE All-Share Index shed 41bps at the close of proceedings today. Recent price hikes in the banking sector fuelled sales by participants, leading to losses in GTBank, Zenith Bank and FCMB. Demand for First Bank however remained strong; it subsequently consolidated on previous gains with a 4.9 per cent mark-up and closed with unsatisfied demand which could lead to further appreciation. Bearish sentiments in the building materials sector resulted in losses for all companies in the sector.
A downward review of prices shaved off 2.5 per cent from Dangote Cement, while Lafarge Wapco and Ashaka Cement lost marginal points. CCNN shed maximum points, closing with offers that could lead to more losses tomorrow. Flour Mills was the only gainer in the food and beverages sector today, closing with a 1.5 per cent mark-up, though closing demand was at the lower end of the market. On the other hand, a dearth of offers was the bane of Nestle, despite demand at the top price
