Nigerian Stock Exchange Market Statistics (Monday, 14th May, 2012)

Market Cap (N’bn) 7,192.24
Market Cap (US$’bn) 45.64
NSE All-Share Index 22,552.46
Daily Performance % (0.31)
1 Week Performance % (0.09)
YTD Performance % 8.79
Daily Volume (Million) 292.92
Daily Value (N’bn) 2.36
Daily Value (US$’m) 14.95
The NSE All-Share Index lost 31bps today. Bearish sentiments held sway in the banking sector today, with more losses than gains at the close of the session. Profit taking shaved off 4.8% and 4.6 per cent from Union Bank and Sterling Bank respectively with closing sentiments likely to lead to more losses tomorrow. On the other hand, Skye Bank and Access Bank bagged 4.5 per cent and 2.5 per cent respectively. In the food and beverages sector, robust demand for Dangote Sugar and Dangote Flour at the highest price of the day led to further gains of 4.8 per cent and 5.0 per cent respectively; Nascon also finished the session with a 5.0 per cent gain. The conglomerate sector was upbeat today as sentiments were skewed to the buy side for UACN, leading to a 2.9 per cent mark-up; a crossed deal at N30.00 early in the session set the trend for Unilever as it held steady at N30.00 bagging 3.5 per cent, Transcorp also inched up 3.4 per cent.