Finance
Nigerian Stock Market Statistics (Monday, 25th June, 2012)
Market Cap (N’bn) 6,817.93
Market Cap (US$’bn) 41.85
NSE All-Share Index 21,357.22
Daily Performance % (0.18)
1 Week Performance % 1.56
YTD Performance % 3.02
Daily Volume (Million) 271.02
Daily Value (N’bn) 1.33
Daily Value (US$’m) 8.17
The Nigerian Stock Exchange All-Share Index lost 18basis points. An upward review of prices in response to offers at the upper end of the market led to a 4.9 per cent mark-up for Access Bank, recording the lone gain in the banking sector. Other stocks in the sector however struggled with selling pressure that trimmed off points from First Bank, UBA and Zenith Bank. Stanbic IBTC also headed south with demand at the lower end of the market, closing bids and offers were however fairly matched and could prevent a further slide tomorrow. In the breweries sector, NB slipped back to N100.00 shedding 1.0 per cent; however, strong demand at N100.00 is likely to prevent a further dip; Guinness on the other hand was steady at N220.00 recording no change at the close of the session. In other sectors, Transcorp rallied with a clearance of glutting offers early in the session, it subsequently booked a 2.7 per cent gain; Japaul Oil was also on the up-tick bagging maximum points and closing
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