Wednesday, 24 October 2012

Dear Afrinvestor,

Market Statistics (Wednesday, 24th October, 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 today lost 145 bps.

·         Lukewarm demand for First Bank early in the session quickly led to a plunge in its price, shedding 4.7% and trading as low as N15.80 during proceedings. Zenith Bank and UBA did not fare better with losses of 3.3% and 4.4% respectively

·         Wema Bank and Unity Bank were however divergent to bearish sentiments in the banking sector picking up 4.9% and 4.8% apiece with closing demand that could lead to further gains early next week. UBN also gained 1.1% to close at N7.73

·         Tepid response trailed the Q3 results announced by Dangote Sugar subsequently recording no change at the close of the session though available offers outweighed demand at the close of the session. Nascon however rallied with a 4.4% gain in response to offers at the higher end of the market recording the only positive change in the sector today.

No comments:

Post a Comment