Friday, 6 July 2012

Dear Afrinvestor,

Market Statistics (Thursday, 5th July, 2012)

Market Cap (N'bn)

Market Cap (US$'bn)

NSE All-Share Index

Daily Performance %

1 Week Performance %

YTD Performance %

Daily Volume (Million)

Daily Value (N'bn)

Daily Value (US$'m)

Dealer’s Perception

·         The NSE All-Share Index gained 54bps.

·         The rally on Dangote Flour continued today as demand for the stock racked up during proceedings; a hold back on offers culminated in a 4.9% mark-up for the stock. The demand for Nestle during the session also firmed up its price with a crossed deal at the top price of the day, leading to a 5.0% mark-up; closing sentiments for both companies could lead to further appreciation tomorrow.

·         Zenith Bank loosing 3.7% was the only decline in the banking sector today as it caved to supply pressure during the session. However, current bullish sentiments in the sector could make this short-lived with selling pressure on the stock possibly abating tomorrow. On the flip side, Access Bank and Stanbic IBTC consolidated on yesterday’s gains with gains in excess of 4.0% apiece; while Fidelity Bank and Sterling Bank rallied with gains of 4.8% and 4.2% respectively.

Company Announcement

·         Q1 2012 results released by Aiico Insurance Plc

Please click on the image below to view the Nigeria Daily Stock Market Report.
Daily Report.jpg
Do not hesitate to contact us if you require further information on the contents or if you would like us to add anyone to our distribution list.
This newsletter is provided to you on a complimentary basis. Should you not wish to receive it, please let us know either by e-mail or fax.

Kind regards,

Investment Research

No comments:

Post a Comment