Nigerian Stock Market Statistics (Tuesday, 22nd May, 2012)

Market Cap (N’bn) 7,125.16
Market Cap (US$’bn) 44.81
NSE All-Share Index 22,342.13
Daily Performance % 0.15
1 Week Performance % (0.36)
YTD Performance % 7.77
Daily Volume (Million) 329.41
Daily Value (N’bn) 3.72
Daily Value (US$’m) 23.41
The Nigerian Stock Exchange All-Share Index rallied today with a 15basis points gain. Last minute purchases firmed up the price of FCMB, inching up 4.4 per cent though sentiments still appeared bearish. First Bank also rallied with a 2.8 per cent mark-up. Sterling Bank and Union Bank both shed further points as glutting offers suggest the possibility of more losses for Union Bank. Fairly matched closing offers and bids could however curb the bearish trend on Sterling Bank. Ashaka Cement was sent southwards dropping 3.1 per cent with closing sentiments skewed to the sell side while CCNN lost 2.0%. Sentiments for Dangote Cement were skewed to the buy side; it however recorded no change at the close of the session. In other sectors, demand for Julius Berger and Ikeja Hotels during the session led to gains in excess of 4.0 per cent apiece. Transcorp also bagged 4.0 per cent while Honeywell Flour rallied with a 3.9 per cent gain.