Nigerian Stock Market Statistics (Thursday, 14th June, 2012)

Market Cap (N’bn) 6,784.31
Market Cap (US$’bn) 41.56
NSE All-Share Index 21,251.91
Daily Performance % (0.22)
1 Week Performance % 0.65
YTD Performance % 2.51
Daily Volume (Million) 239.87
Daily Value (N’bn) 1.64
Daily Value (US$’m) 10.05

The Nigerian Stock Exchange All-Share Index lost 22 basis points. Demand for Union Bank led to a further 4.8 per cent up-tick, however profit taking could reverse this trend; also on the up-tick were Sterling Bank and UBA with gains of 1.9 per cent and 1.8 per cent respectively. On the flip side, selling pressure shaved off 3.9 per cent and 4.0 per cent from Diamond Bank and Fidelity Bank while FCMB and Zenith Bank also lost 1.6 per cent and 1.1 per cent respectively. In the food and beverages sector, Nascon rallied with a 4.9 per cent mark-up with closing demand likely to lead to further gains tomorrow; Dangote Sugar, 7UP and Flour Mills also inched up marginally while Cadbury, Honeywell Flour and Dangote Flour lost 3.9 per cent, 3.5 per cent and 2.2 per cent respectively. Fringe players Neimeth and Vitafoam bagged maximum points at the close of the session; also on the up-tick were Forte Oil, Paints & Coatings and Redstar Express.