Stock Market Statistics (Monday, 19th December, 2011)

Market Cap (N’bn) 6,337.33
Market Cap (US$’bn) 39.05
NSE All-Share Index 20,045.31
Daily Performance % 0.10
1 Week Performance % 1.28
YTD Performance % (19.08)
Daily Volume (Million) 216.99
Daily Value (N’bn) 1.47
Daily Value (US$’m) 9.08
The week started off on a positive note as the NSE All-Share Index inched up by 10bps. The banking sector recorded fairly matched gains and losses today. On the up-tick were mainly mid-tier banks, with Skye Bank leading the pack with a 4.9% up-tick. Robust demand for Fidelity Bank also resulted in a 4.5% gain. It closed with unsatisfied demand at the highest price of the day, a trend that could lead to further gains in coming sessions. On the flip side, Access Bank was sent southwards, shedding 4.7% as buyers were unwilling to pay significantly above N4.50.
Dangote Cement recorded the lone gain in the building materials sector, inching up with a 0.2% gain on the back of crossed deals. On the flip side, Ashaka Cement lost 1.8%, while CCNN shed 4.9%. Lafarge Wapco recorded no price change as sellers were adamant at N44.00 Bearish sentiments shaved off 3.6% from PZ Cussons today; with offers outweighing demand, it could lose more points in coming sessions. In the same vein, Dangote Flour lost 4.9% and closing offers suggests a possible continuation of this trend.