Home Finance Nigerian Stock Market Statistics (Wednesday, 29th February, 2012)

Nigerian Stock Market Statistics (Wednesday, 29th February, 2012)

by Business News Report

Market Cap (N’bn) 6,342.01
Market Cap (US$’bn) 40.20
NSE All-Share Index 20,123.51
Daily Performance % (0.07)
1 Week Performance % (0.93)

YTD Performance % (2.93)
Daily Volume (Million) 441.85
Daily Value (N’bn) 2.61
Daily Value (US$’m) 16.55
The NSE All-Share Index lost 7bps today. Profit taking during the session attempted to halt the current rally on UBA; last minute Institutional purchases however firmed up its price, consequently leading to a 4.6 per cent gain. Stanbic IBTC also rallied by 5.0 per cent, with the possibility of further gains tomorrow as it closed with unfilled demand. On the other hand, re-entries during the session could not prevent a 3.8 per cent slide in the price of First Bank; however, this trend could change tomorrow as current demand could curb future losses. NB lost marginal points today, with its current price attracting new entries. Guinness however hovered around a N220.00 price band, subsequently recording no change at the close of the session, while International Breweries lost 4.8 per cent. Gains and losses were fairly matched in the food and beverages sector. On the up-tick were Flour Mills, Nascon and Honeywell Flour, recording gains of 5.0 per cent, 4.4 per cent and 2.0 per cent, while Cadbury, Dangote Sugar and Dangote Flour succumbed to bearish sentiments that shaved off 4.9 per cent, 4.0 per cent and 0.8 per cent respectively.

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