Monday, 9 July 2012


Dear Afrinvestor,

Market Statistics (Monday, 9th July, 2012)

Market Cap (N'bn)
   7,084.15

Market Cap (US$'bn)
       44.03

NSE All-Share Index
 22,191.14

Daily Performance %
0.36

1 Week Performance %
2.87

YTD Performance %
7.05

Daily Volume (Million)
      136.81

Daily Value (N'bn)
         1.67

Daily Value (US$'m)
       10.37




Dealer’s Perception

·         The NSE All-Share Index advanced 36bps today.

·         Demand for Dangote Flour did not weaken during the day’s session, as bids at the highest price of the day continued to grow, leading to a 4.9% mark-up with a possibility of further gains in coming sessions this week; 7up also closed on the up-tick with a 5.0% mark-up. On the flip side, Nestle dropped a few points, as bullish sentiments appeared to cool slightly today; also heading south was Cadbury with a 0.8% drop.

·         Bullish sentiments were skewed to mid-tier and low priced stocks in the banking sector; Stanbic IBTC led the gainers list in the sector with a 4.8% mark-up. Sterling Bank, Union Bank and Skye Bank also closed on the up-tick, recording gains of 4.3%, 3.7% and 2.4% respectively. On the other hand, First Bank, Zenith Bank and UBA shed about 1.0% apiece with fairly matched demand and supply.

·         A last minute sell off trimmed 0.2% from Unilever at the close of the session; however, demand at N31.00 and below, is likely to prevent a further slide tomorrow; also in the conglomerates sector, A.G. Leventis consolidated on previous gains with a 4.1% mark-up.


Company Announcement

·         FY 2010 results released by Nigerian Wire and Cable 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