Dear Afrinvestor,
Market Statistics
(Friday, 23rd November, 2012)
|
Market
Cap (N'bn)
|
8,380.57
|
|
|
|
Market
Cap (US$'bn)
|
53.20
|
|
|
|
NSE
All-Share Index
|
26,322.17
|
|
|
|
Daily
Performance %
|
0.20
|
|
|
|
1
Week Performance %
|
(0.30)
|
|
|
|
YTD
Performance %
|
26.97
|
|
|
|
Daily
Volume (Million)
|
164.15
|
|
|
|
Daily
Value (N'bn)
|
1.64
|
|
|
|
Daily
Value (US$'m)
|
10.38
|
|
Dealer’s Perception
·
The
NSE All-Share Index gained 20 bps today.
·
Sentiments
for top –tier banks remained skewed to the sell side resulting in more losses
for GTBank, First Bank, Zenith Bank and UBA. On the up-tick however
were Unity Bank, Access Bank and FCMB with gains of 4.0%, 3.4%
and 1.8% respectively.
·
Ashaka
Cement did not
recover from initial selling pressure, as it dropped 1.4% in spite of improved
demand later in the session. Lafarge Wapco however was up 0.1% with robust demand at N58.00 leading to a
modest upward review of its price. CCNN and Dangote
Cement were
also skewed to the buy side though recording no change at the close of the
session..
·
UACN closed on the uptick with
a 2.7% mark-up, also on the up-tick in the conglomerates sector were Unilever and Transcorp picking up 1.8% and 1.0%
respectively.
Weekly Trading
Summary
·
The
NSE All-Share Index lost 30bps this week.
·
Participants
thread on the side of caution this week in the banking sector, resulting in
more losses than gains in the sector this week. Top-tier banks hovered around
current support levels, though selling pressure during the week led to losses
ranging from 0.2% to 5.8%. On the other hand; Access Bank, FCMB and Diamond
Bank edged up
this week booking cumulative gains of 5.2%, 3.3% and 2.4% respectively.
·
The
food and beverages sector was split evenly between gainers and losers this
week. Cadbury, a top favorite in the sector was up 5.4%
while Dangote
Flour, Flour Mills and Dangote Sugar
also recorded gains of 2.4%, 5.3% and 5.5% respectively. On the flip side, Honeywell Flour lost 9.5% while NNFM and Nascon
shed 5.0% and 4.1%.
Company
Announcements
·
Mutual
Benefits Assurance plc released its FY 2011 results.
.
·
Beco
petroleum products released its FY 2011 results.
·
Standard Alliance Insurance released its FY 2011 results.
·
The NSE announced that a new code as been created for Stanbic Ibtc
holdings plc, the new code is STANBIC and the listing price is N13.03
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