Nigerian Stock Market Statistics (Thursday, 2nd February, 2012)

Market Cap (N’bn) 6,562.14
Market Cap (US$’bn) 40.94
NSE All-Share Index 20,822.00
Daily Performance % 0.15
1 Week Performance % 0.12
YTD Performance % 0.44
Daily Volume (Million) 320.14
Daily Value (N’bn) 3.77
Daily Value (US$’m) 23.51
The NSE All-Share Index rallied with a marginal 15bps gain. Bullish sentiments on Diamond Bank remained strong as it bagged an additional 3.6 per cent, with closing sentiments suggesting possible further gains. Zenith Bank and GTBank also rallied with gains of 1.3 per cent and 1.0 per cent respectively. First Bank however appears to have reached a current peak, inching up slightly with a 0.5 per cent uptick. The breweries sector went to the bears, as both NB and Guinness lost 0.7 per cent and 2.2 per cent at the close of proceedings. Closing bids for NB could however give it support at the current level in coming sessions, while waning demand for Guinness could lead to more losses tomorrow. Although the current price of Oando encouraged new entrants, it still shed 4.6 per cent. Closing bids may however curb further losses. Others stocks in the sector closed flat.