Nigerian Stock Market Statistics (Tuesday, 31st January, 2012)

Market Cap (N’bn) 6,579.11
Market Cap (US$’bn) 40.84
NSE All-Share Index 20,875.83
Daily Performance % 0.70
1 Week Performance % 1.35
YTD Performance % 0.70
Daily Volume (Million) 274.92
Daily Value (N’bn) 1.70
Daily Value (US$’m) 10.53
The NSE All-Share Index rallied with a 70bps increase. The banking sector was on the up-tick, in line with current trend. First Bank and Zenith Bank reversed some of their previous losses, closing with gains of 4.9 per cent and 3.7 per cent respectively. This rally could however spur selling sentiments in coming sessions. Diamond Bank also consolidated on previous gains with a 4.7 per cent gain, while Skye Bank and FCMB moved up with gains of 2.6 per cent and 2.5 per cent respectively. Institutional purchases and strategic deals firmed up the price of Guinness, closing at N230.00 with a 4.3 per cent spike. Closing demand was however at the lower end of the market and could curb appreciation tomorrow. NB also inched up marginally, with buying sentiments growing strong at the close of the session. On the contrary, the food and beverages sector closed with losses as Dangote Flour, Nascon and Cadbury recorded losses of 0.4 per cent, 1.7 per cent and 3.0 per cent respectively, while others in the sector recorded no price change.