Nigerian Stock Market Statistics (Monday, 21st May, 2012)

Market Cap (N’bn) 7,114.80
Market Cap (US$’bn) 44.67
NSE All-Share Index 22,309.61
Daily Performance % (0.32)
1 Week Performance % (1.08)
YTD Performance % 7.62
Daily Volume (Million) 191.58
Daily Value (N’bn) 2.28
Daily Value (US$’m) 14.34
The Nigerian Stock Exchange All-Share Index lost 32 basis points. The week started off on a bearish note in the banking sector with more losses recorded than gains. Healthy demand for top-tier banks during the session however led to marginal gains for GTBank, First Bank and Access Bank, while UBA bagged maximum points.
On the other hand, mid-tier banks were sent southwards as Stanbic IBTC, FCMB and Fidelity Bank all lost over 3.0 per cent apiece. Guinness was skewed to the sell side, shedding maximum points; however current levels might attract interest and curb the current slide.
Nigeria Breweries however inched up slightly with interest around the lower N109.00 band. Profit taking shaved off a further 4.9 per cent from Dangote Flour with closing sentiments suggesting a continuation of this trend; Honeywell Flour also shed 4.2 per cent. On the flip side, Dangote Sugar rallied today, bagging 5.0 per cent at the close of proceedings.