Nigerian Stock Market Statistics (Thursday, 12th April, 2012)

Market Cap (N’bn) 6,615.10
Market Cap (US$’bn) 41.99
NSE All-Share Index 20,742.10
Daily Performance % (0.35)
1 Week Performance % (0.95)
YTD Performance % 0.06
Daily Volume (Million) 823.82
Daily Value (N’bn) 2.13
Daily Value (US$’m) 13.52
The Nigerian Stock Exchange NSE, All-Share Index dropped a further 35basis points at the close of the session. Union Bank, Sterling Bank and Stanbic IBTC consolidated on previous gains, rallying by 4.8 per cent, 4.4 per cent and 1.0 per cent respectively. Closing demand for Union Bank suggests that the current rally could continue tomorrow. UBA, GTBank and Zenith Bank also inched up marginally. On the flip side, First Bank, Access Bank, Fidelity Bank and Diamond Bank lost 3.5 per cent, 3.3 per cent, 2.1 per cent and 1.6 per cent respectively. The conglomerates sector was in line with market trend as Unilever, Transcorp and A.G. Leventis lost 1.3 per cent, 3.9 per cent and 4.6 per cent respectively. UACN remained on the upbeat, although demand did not translate to gains and buyers were unwilling to crossover to the N32.00 band. PZ Cussons also closed flat. In the building materials sector, CCNN lost 4.4%, while Dangote Cement dipped slightly. Lafarge Wapco and Ashaka Cement however recorded no price change.