Finance
Nigerian Stock Market Statistics (Wednesday, 15th February, 2012)
Market Cap (N’bn) 6,406.96
Market Cap (US$’bn) 40.45
NSE All-Share Index 20,329.62
Daily Performance % (1.63)
1 Week Performance % (1.76)
YTD Performance % (1.93)
Daily Volume (Million) 222.55
Daily Value (N’bn) 1.41
Daily Value (US$’m) 8.91
The NSE All-Share Index lost 163bps as a result of losses in the building materials sector. Crossed deals at N110.20 led to a maximum points loss in Dangote Cement. It subsequently closed on offer, a trend that could lead to further losses. Lafarge Wapco also closed on offer, with a 5.0 per cent loss, while Ashaka Cement and CCNN closed flat. UBA recovered as institutional purchases early in the session firmed up its price. Growing demand at the top price of the day also gave it further support, as it gained 4.9 per cent and closed with unsatisfied bids that could lead to further gains. First Bank was also steady at N10.51, inching up marginally. On the flip side, Zenith Bank and GTBank lost marginal points at the close of the session. Bearish sentiments in the conglomerates sector shaved off maximum points from Unilever and PZ Cussons, while UACN recorded the lone gain in the sector, inching up with a 2.0 per cent gain.
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