Tuesday, 10 July 2012

Dear Afrinvestor,

Market Statistics (Tuesday, 10th 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 lost 32bps.

·         Mixed sentiments held sway in the banking sector during today’s proceedings with selling pressure shaving 2.5% and 1.3% from Zenith Bank and GTBank respectively as buyers reviewed their prices lower; Access Bank held steady at N7.60, recording no change at the close of the session. Diamond Bank and First Bank also hovered around current levels and this is likely to continue tomorrow with current demand at N2.30 and N11.20 creating support for both companies.

·         Profit taking sent Dangote Flour southwards, subsequently losing 2.5%, reflecting sentiments in the food and beverages sector. Nestle was also not spared, though it recorded no change at the close of the session; others heading south in the sector today were Nascon and Honeywell Flour with losses of 2.3% and 0.5% respectively.

Company Announcement

·         HY 2012 results released by UBA Plc

·         Q1 2012 results released by Cement Company of Nigeria Plc

·         Q1 2012 results released by Sovereign Trust Insurance Plc

Please click on the image below to view the Nigeria Daily Stock Market Report.
Daily Report.jpg
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Kind regards,

Investment Research

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