Nigeria Stock Market Statistics (Wednesday, 18th January, 2012)

Market Cap (N’bn) 6,616.80
Market Cap (US$’bn) 40.96
NSE All-Share Index 20,997.88
Daily Performance % (0.35)
1 Week Performance % 0.57
YTD Performance % 1.29
Daily Volume (Million) 106.48
Daily Value (N’bn) 0.87
Daily Value (US$’m) 5.41
The Nigerian Stock Exchange All-Share Index lost 35bps today. Diamond Bank consolidated on previous gains with a 4.2 per cent mark-up as growing demand could lead to further gains tomorrow. UBA, Fidelity Bank and First Bank also closed on the up-tick with gains of 4.2 per cent, 3.5 per cent and 1.6 per cent respectively. The breweries sector went to the bears today, as both Guinness and NB caved into bearish sentiments with losses of 3.2 per cent and 3.3 per cent respectively. Closing sentiments suggest that prices might hover around this level in coming sessions.
The building materials sector was however divergent to the current trend, as CCNN and Ashaka Cement both recorded gains of 4.9 per cent and 1.4 per cent respectively, while Dangote Cement and Lafarge Wapco also closed with strong demand.