Nigerian Stock Market Statistics (Monday, 27th February, 2012)

Market Cap (N’bn) 6,417.97
Market Cap (US$’bn) 40.72
NSE All-Share Index 20,364.56
Daily Performance % (0.64)
1 Week Performance % (0.37)
YTD Performance % (1.77)
Daily Volume (Million)428.96
Daily Value (N’bn) 2.62
Daily Value (US$’m) 16.62
The Nigerian Stock Exchange All-Share Index fell by 64basis points today. Profit seekers shaved off 4.1 per cent from the price of First Bank, with closing sentiments suggesting that this trend could continue. Zenith Bank also fell marginally today. On the flip side, UBA consolidated previous gains with a further 4.6 per cent mark-up, while FCMB and Access Bank closed on the up-tick with gains of 1.8 per cent and 1.1 per cent respectively. Sentiments for NB turned bearish during the session as it shed 1.9 per cent. Bids also thinned out at the close of the session, which could lead to further losses tomorrow. On the flip side, Guinness inched up marginally, while International Breweries closed flat. In other sectors, Oando rallied with a 5.0 per cent mark-up with unsatisfied closing demand of over 2.0m units. Also on the up-tick was Dangote Sugar, with last minute trades firming up its price. Closing sentiments suggest a possible continuation of the rally tomorrow.