Nigerian Stock Market Statistics (Monday, 12th March, 2012)

Market Cap (N’bn) 6,656.23
Market Cap (US$’bn) 42.15
NSE All-Share Index 21,091.36
Daily Performance % 0.67
1 Week Performance % 2.29
YTD Performance % 1.74
Daily Volume (Million) 195.01
Daily Value (N’bn) 1.85
Daily Value (US$’m) 11.74
The week started off on a positive note, with the NSE All-Share Index inching up by 67bps. Gains and losses were fairly split in the banking sector. Growing demand for UBA reversed previous losses, as it rallied with a 4.9 per cent mark-up; closing sentiments suggest that this trend could continue tomorrow. Zenith Bank also clawed back 1.1 per cent, with healthy demand at N13.70 likely to support it at current levels in coming sessions. GTBank inched up marginally at the close of the session. Profit taking shaved off 4.9 per cent from CCNN and declining demand could lead to further losses in coming sessions. Ashaka Cement also headed south today, shedding over 4.0 per cent at the close of proceedings. Lafarge Wapco was however divergent to this trend, recording a 0.2 per cent gain, while Dangote Cement closed flat. The conglomerates sector went fully to the bears as Transcorp lost 1.8 per cent, with sentiments skewed to the sell side. Unilever and UACN also shed 0.1 per cent apiece, while others in the sector recorded no price change.