A wonderful 2010 to y’all
by Ope on January 1st, 2010
filed under News
Today marks the first day of the year 2010, so many resolutions. However, it takes courage, determination, action and so many other doing verbs to translate resolutions to realisations.
Resolutions to Realisations
Resolutions:
Better Life filled with Happiness
measured by:
better grip on business activities
more active opeosho.com
launch of Nigeria’s prime wagering platform naijabet
confirmation as an Investment Banker
Strategic political affiliations
Re-engineering of kreativhost.com
Increased philanthropic activities
measured by:
increased beneficiaries of my knowledge dissemination sessions
regular gifts to all around me
Better self image
simply known as Ope Osho
life changing partnerships
clear all outstanding obligations
…..Resolutions to Realisations,….more to come
Life’s Essence
by Ope on November 26th, 2009
filed under Politics
today the 26th day of November, 2009.
Happiness i would say is the essence of life. while we strive to achieve this objective, we adopt various indirect means (i’m not sure if there exist direct means).
Continuous Progress seems to be the one way i found to achieve this essence. In other to achieve CP, one would have to set Goals and continuous work at achieving them. The skills involved in goal setting are not hard to acquire, but if CP is the underlying objective, then it would be advisable to set relatively easily achievable goals of relatively short horizons.
Thinking through this idea, daily & hourly goals seem to be of great importance.
New Look at Success and Failure
by Ope on October 2nd, 2009
filed under Make Money, News
I found this interesting article by Richard Fenton, and i knew i had to share it. It has not only helped me in better understanding failure, it has helped me in truly overcoming procrastination. i hope you find it useful.
5 Secrets of Turning Failure Into Success
1) Change your mental model of “success” and “failure”.
Most people operate with the following mental model:
SUCCESS <== <== YOU ==> ==> FAILURE
They see themselves in the middle, with success on one end and failure on the other. They do everything they can to move toward success and away from failure. But, what if the model were reconfigured?
YOU ==> ==> FAILURE ==> ==> SUCCESS
What if, rather than seeing failure as something to be avoided it became a “stepping-stone” on the path to success? In other words: Success is the destination. Failure is how you get there. To achieve significant success in today’s world, failure is not just a possibility.it is a requirement. We must see success and failure for what they truly are: not opposites, but opposite sides of the same coin.
2) Intentionally increase your failure rate
If it’s true that the more we fail, the more we succeed (and it is), then the immediate goal should be to intentionally increase your failure rate! Yes, this is a counter-intuitive, reverse thinking philosophy. but it works! In this way, we are succeeding even when we fail (as illustrated by this interaction between a student and Zen Master):
Student: Master, if one attempts to fail and succeeds, is he a failure or a success?
Master: Yes! Exactly!
Intentionally increasing failure is the basis for the "Go for No" concept. "Go for No" means the more people that tell you "no" the closer you will get to ultimate success – or in other words, "yes." Most people, if they actually counted the number of times they hear “no” during a typical day or week (which we recommend they do) would be shocked to see how low the number actually is. We recommend that to create a greater “NO-awareness” carrying a small pocket counter or note pad to track their noes.
3) Set “No” goals
Everyone sets success goals; few people set no goal. And that is what we suggest. But how about setting goals for the number of times we fail? For example, rather than a salesperson setting the goal of having 2 prospects say “yes” to them, they set the goal of being turned down (hearing “no”) 10 times. Imagine the first two prospects they called on said, “Yes!” Rather than being done (having hit their “yes” goal) they’d actually be behind because they still have 10 noes to go!
The other exciting aspect of this strategy is how it keeps people “in the game” when they’re “hot!” If all you have is yes goals and you slow down (or quit) when you’re successful, then the hot streak ends. But if you keep going when the yeses of life are falling at your feet, the sky is the limit!
4) Celebrate your failures, not just your successes.
It’s natural to be excited about our successes and to celebrate them, to give ourselves a reward or even throw a party. But, if the key to success is to increase our failures, then it only makes sense to celebrate our set backs as well. Yes, you heard right: if someone turns you down, celebrate it! When’s the last time you rewarded yourself for failing? Probably never! Instead of mentally punishing yourself for not succeeding, what if you bought yourself an ice cream cone and said, “I’m one step closer to success!” Maybe failure would stop having the negative hold it has on your thoughts and emotions.
5) See courage as a “muscle”
If failure is vehicle that that can take you to success, then courage is the fuel! Most people, however, think that courage is something you’ve either got or you don’t; they don’t see it as a skill that can be developed and process to be mastered. But that’s exactly what it is. Courage is a muscle. And, like any muscle, it must be exercised to be developed and strengthened. As the saying goes: Use it, or lose it. It’s no different with courage. You use and develop your “courage muscle” by looking fear in the eye and taking action anyway. Every time you take action, the courage muscle gets stronger; every time you fail to take action, it atrophies a little. And before you know it your courage is gone.
But It doesn’t have to be that way. All the courage you could ever want or need to achieve every goal you have is already in you, just waiting for you to take action.
So, change your mental models, intentionally increase your failure rate, set “no” goals, celebrate your failures and see courage as a muscle, and you will significantly increase your success rate within a very short period. Do come back to drop a comment or two, on how this article has spurred you to action and helped you in achieving more successes.
Fixed Odds and Spread Betting explained
by Ope on September 28th, 2009
filed under Capital Market, Make Money, News
As the name suggests, fixed odds betting is ‘fixed’ – you will always know before you place the bet the possible outcomes, and how much you stand to win or lose. Spread betting is very different – you may lose a lot, win a lot, or win or lose a little depending on how accurate your prediction is, it is a case of the more correct you are, the more you win, and the more wrong your prediction is, the more you loose.
Our everyday bets are a good example of Fixed Odds betting e.g. you enter into a bet with a friend that he cannot finish 2 bottles of fanta at a go, if he does, you’ld pay him N1,000 but if he fails he gets to pay you N500. For this example, your odds are fixed at N1,000 which is the amount you stand to loose in the event that you friend wins the bet (it cannot be greater).
However, a Spread Betting version of the above example would be if you promise to pay your friend N300 for every Bottle of fanta he succeeds in finishing after the second bottle. What this means is that the more bottles of fanta your friend downs after the second bottle, the more N300 you would have to pay him. So if your friend succeeds in finishing 6 bottles then you would have to cough-out N1,200 being payment for the 3rd, 4th, 5th and 6th bottles.
Spread betting is common place in financial markets but it is increasingly being adopted in sports betting markets too, and carries the potential for much greater rewards, but also involves larger risk than fixed odds betting. The increasingly popular “Online Forex Trading” is a form of Spread Betting. Where you get paid for successfully predicting the direction of the market (currency pairs), such that the more correct you are, the more money you make, however the flip side is where the real risk resides.
There are several ways in which fixed odds may be presented, two of which are most common in sports betting. Odds such as 4/1, called fractional odds, imply that for every one unit staked, four units in addition to the one staked will be returned if the bet wins. Another form of presenting the odds is in decimal format which is more straight forward e.g. 3.52, implies that for every one naira u get three naira fifty-two kobo if your bet wins, so winnings equals Stake multiplied by Odds. If you bet N200 on an event with odds of 2.75, if your prediction is correct, you get N550 (N200 * 2.75) however if you prediction is wrong then you loose your Stake of N200.
There are definite advantages that fixed odds betting possesses over spread betting and vice-versa involving risks and potential earnings. Betting casually is best done at fixed odds, whilst spread betting professionals take preference to the high-risk, but high-reward, alternative.
Avoid Analysis Paralysis
by Ope on September 23rd, 2009
filed under Blogging Tips, Make Money, News
How many times have you been in a planning meeting that seemed to be going very well…but in the end, never amounted to anything?
Chances are you’ve been caught up in analysis paralysis. In other words, good ideas have been presented, but by the time enough people consider and reconsider the situation, it seems more complex, or not as great an idea as you originally thought. Or, in most cases, a conclusion about how to act is never reached.
But, guess what? There is such as thing as “over-thinking.” In sports, analysis paralysis might keep an athlete from reacting quickly enough. In politics, analysis paralysis might cause a simple issue to be debated for years. And, in business, analysis paralysis can keep business owners from moving forward in some pretty amazing opportunities! To avoid analysis paralysis:
-
Quickly jot down the pros and cons of an idea.
-
Make a decision (If an entire group is deciding-take a vote.)
-
Write out the steps required to follow through.
-
Assign the steps.
-
Follow through.
You didn’t become an entrepreneur to become a hesitant decision maker. By following these steps, you will make good, well informed decisions. Some will work out and some won’t. But, at least you won’t miss out on BIG opportunities!
If you find it difficult to be a decisive person, remember this, “The success is not in the decision you make; the success is in HOW you deal with the decision you make.” Make your decision and then go to work to make it the right decision.
Have you ever suffered from analysis paralysis? share your experience and how you overcame the situation.
Internet Slangs/Acronyms
by Ope on September 19th, 2009
filed under Blogging Tips, Online Tools
AFAIK =» As Far As I Know
AFK =» Away From Keyboard
ASAP =» As Soon As Possible
BAS =» Big A$$ Smile
BBL =» Be Back Later
BBN =» Bye Bye Now
BBS =» Be Back Soon
BEG =» Big Evil Grin
BF =» Boyfriend
BIBO =» Beer In, Beer Out
BRB =» Be Right Back
BTW =» By The Way
BWL =» Bursting With Laughter
C&G =» Chuckle and Grin
CICO =» Coffee In, Coffee Out
CID =» Crying In Disgrace
CNP =» Continued (in my) Next Post
CP =» Chat Post(a chat message)
CRBT =» Crying Real Big Tears
CSG =» Chuckle Snicker Grin
CYA =» See You (Seeya)
CYAL8R =» See You Later (Seeyalata)
DLTBBB =» Don’t Let The Bed Bugs Bite
EG =» Evil Grin
EMSG =» Email Message
FC =» Fingers Crossed
FTBOMH =» From The Bottom Of My Heart
FYI =» For Your Information
FWIW =» For What It’s Worth
GAL =» Get A Life
GF =» Girlfriend
GFN =» Gone For Now
GMBA =» Giggling My Butt Off
GMTA =» Great Minds Think Alike
GTSY =» Glad To See You
H&K =» Hug and Kiss
HABU =» Have A Better ‘Un
HAGN =» Have A Good Night
HAGU =» Have A Good ‘Un
HHIS =» Hanging Head in Shame
HUB =» Head Up Butt
IAE =» In Any Event
IC =» I See
IGP =» I Gotta Pee
IMNSHO =» In My Not So Humble Opinion
IMO =» In My Opinion
IMCO =» In My Considered Opinion
IMHO =» In My Humble Opinion
IOW =» In Other Words
IRL =» In Real Life
IWALU =» I Will Always Love You
JMO =» Just My Opinion
JTLYK =» Just To Let You Know
KIT =» Keep In Touch
KOC =» Kiss On Cheek
KOL =» Kiss On Lips
L8R =» Later
L8R G8R =» Later ‘Gater
LHM =» Lord Help Me
LHO =» Laughing Head Off
LHU =» Lord Help Us
LMAO =» Laughing My A$$ Off
LMSO =» Laughing My Socks Off
LOL =» Laugh Out Loud
LSHMBB =» Laughing So Hard My Belly is Bouncing
LSHMBH =» Laughing So Hard My Belly Hurts
LSHTTARDML =» Laughing So Hard The Tears Are Running Down My Leg
LTNS =» Long Time No See
LTS =» Laughing To Self
LUWAMH =» Love You With All My Heart
LY =» Love Ya
MTF =» More To Follow
NRN =» No Reply Necessary
NADT =» Not A Darn Thing
OIC =» Oh, I See
OL =» Old Lady (significant other)
OM =» Old Man (significant other)
OTOH =» On The Other Hand
OTTOMH =» Off The Top of My Head
PDS =» Please Don’t Shoot
PITA =» Pain In The A$$
PM =» Private Message
PMFJI =» Pardon Me For Jumping In
PMP =» Peed My Pants
POAHF =» Put On A Happy Face
QSL =» Reply
QSO =» Conversation
QT =» Cutie
ROFL =» Rolling On Floor Laughing
ROFLAPMP =» ROFL And Peeing My Pants
ROFLMAO =» ROFL My A$$ Off
ROFLMAOAY =» ROFLMAO At You
ROFLMAOWTIME =» ROFLMAO With Tears In My Eyes
ROFLUTSROFL =» Unable to Speak
RTFM =» Read The F****** Manual!
SETE =» Smiling Ear To Ear
SHID =» Slaps Head In Disgust
SNERT =» Snot-Nosed Egotistical Rude Teenager
SO =» Significant Other
SOT =» Short Of Time
SOTMG =» Short Of Time Must Go
SWAK =» Sealed With A Kiss
SWAS =» Scientific Wild A$$ Guess
SWL =» Screaming with Laughter
SYS =» See You Soon
TA =» Thanks Again
TGIF =» Thank God It’s Friday
TCOY =» Take Care Of Yourself
TILII =» Tell It Like It Is
TNT =» Till Next Time
TOY =» Thinking Of You
TTFN =» Ta Ta For Now
TTYL =» Talk To You Later
WAS =» Wild A$$ Guess
WB =» Welcome Back
WTH =» What/Who The Heck (or sub an F for the H)
YBS =» You’ll Be Sorry
YG =» Young Gentleman
YL =» Young Lady
YM =» Young Man
Using Google for more than just searching
by Ope on September 18th, 2009
filed under Blogging Tips, General, Online Tools
- Explicit Phrase:
Lets say you are looking for content about internet marketing. Instead of just typing internet marketing into the Google search box, you will likely be better off searching explicitly for the phrase. To do this, simply enclose the search phrase within double quotes.
Example: "internet marketing"
- Exclude Words:
Lets say you want to search for content about internet marketing, but you want to exclude any results that contain the term advertising. To do this, simply use the "-" sign in front of the word you want to exclude.
Example Search: internet marketing -advertising
- Site Specific Search:
Often, you want to search a specific website for content that matches a certain phrase. Even if the site doesn’t support a built-in search feature, you can use Google to search the site for your term. Simply use the "site:somesite.com" modifier.
Example: "internet marketing" site:www.smallbusinesshub.com
- Similar Words and Synonyms:
Let’s say you are want to include a word in your search, but want to include results that contain similar words or synonyms. To do this, use the "~" in front of the word.
Example: "internet marketing" ~professional
- Specific Document Types:
If you’re looking to find results that are of a specific type, you can use the modifier "filetype:". For example, you might want to find only PowerPoint presentations related to internet marketing.
Example: "internet marketing" filetype:ppt
- This OR That:
By default, when you do a search, Google will include all the terms specified in the search. If you are looking for any one of one or more terms to match, then you can use the OR operator. (Note: The OR has to be capitalized).
Example: internet marketing OR advertising
- Phone Listing:
Let’s say someone calls you on your mobile number and you don’t know how it is. If all you have is a phone number, you can look it up on Google using the phonebook feature.
Example: phonebook:617-555-1212 (note: the provided number does not work – you’ll have to use a real number to get any results).
- Area Code Lookup:
If all you need to do is to look-up the area code for a phone number, just enter the 3-digit area code and Google will tell you where it’s from.
Example: 617
- Numeric Ranges:
This is a rarely used, but highly useful tip. Let’s say you want to find results that contain any of a range of numbers. You can do this by using the X..Y modifier (in case this is hard to read, what’s between the X and Y are two periods. This type of search is useful for years (as shown below), prices or anywhere where you want to provide a series of numbers.
Example: president 1940..1950
- Stock (Ticker Symbol):
Just enter a valid ticker symbol as your search term and Google will give you the current financials and a quick thumb-nail chart for the stock.
Example: GOOG
- Calculator:
The next time you need to do a quick calculation, instead of bringing up the Calculator applet, you can just type your expression in to Google.
Example: 48512 * 1.02
- Word Definitions:
If you need to quickly look up the definition of a word or phrase, simply use the "define:" command.
Example: define:plethora
-
"time in tokyo" or any other major city displays the current local time there.
-
Currency converter: 100 GBP in USD
-
if you click a search result and find a dead link or a removed page, go back to the Google search page and click on "cache", you’ll get the content of the page as stored by Google.
NSe update 08-09-09
by Ope on September 8th, 2009
filed under Capital Market, Make Money
Hope of early stock market recovery dimmed further today as the market capitalization of the Nigeria Stock Exchange declined by N48.01 billion or 0.97 percent to close the market at N4,906.65 from N4,954.66 yesterday.
Similarly, the Nigerian bench mark All share index depreciated by 0.97 percent to close at 21,404.75 from 21,614.15 yesterday..
Market patronage in terms of Volume of shares exchanged by investors drop by 1.32 million ordinary shares or 0.35 percent when compared with the position of last trading day. In essence, an aggregate of 371.19 million ordinary shares were traded in 5,941 deals today as against a volume of 372.51 million traded in 4,972 deals in the previous transaction.
Turnover by value was on the upswing as it close at N2.62 billion; N0.82 billion or 45.56 percent rise as against N1.80 billion worth of stocks traded in the previous trading day
Table 1
Market Statistics
|
|
Today 08/09/2009 |
Previous day 07/09/2009 |
% Change |
|
NSE All- Share Index |
21,404.75 |
21,614.15 |
-0.97 |
|
Total Deals |
5,941 |
4,972 |
19.49 |
|
Volume Traded (M) |
371.19 |
372.51 |
-0.35 |
|
Value Traded (N’B) |
2.62 |
1.80 |
45.56 |
|
Turn Over Ratio % |
0.07 |
0.08 |
-12.50 Change Point |
|
Mkt. Capt. (N’B) |
4,906.65 |
4,954.66 |
-0.97 |
CAP Plc lead the top gainers list again as the stock added N1.32 or 4.96 percent to its share price to close the market at N27.91 from its opening price of N26.59. Glaxosmith Plc came second on the list, having gained N1.02 or 4.92 percent as it opened and closed the day at N20.74 and N21.76 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
CAP |
26.59 |
27.91 |
+1.32 |
4.96 |
|
GLAXOSMITH |
20.74 |
21.76 |
+1.02 |
4.92 |
|
WAPCO |
30.00 |
30.99 |
+0.99 |
3.30 |
|
CCNN |
10.05 |
10.55 |
+0.50 |
4.98 |
|
BCC |
42.00 |
42.50 |
+0.50 |
1.19 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, UACN Plc lead the table for the day as the company share price declined by N1.84 or 5.00 percent to close the market at N34.96 per share, from it opening price of N36.80. Followed on the Chart was Okomuoil Plc that lost N1.32 or 4.98 percent to close the day at N25.19 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
UACN |
36.80 |
34.96 |
-1.84 |
-5.00 |
|
OKOMUOIL |
26.51 |
25.19 |
-1.32 |
-4.98 |
|
UNILEVER |
15.99 |
15.26 |
-0.74 |
-4.57 |
|
ETI |
12.02 |
11.50 |
-0.52 |
-4.33 |
|
ASHAKAEM |
10.93 |
10.42 |
-0.51 |
-4.67 |
Figure 2
Top 5 Price Losers
Trading Activities (Sectors/Individuals)
The Banking sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 231.03 million ordinary shares traded to control 62.24 percent of the aggregate volume of shares traded. The Commercial/Service sector, with 44.28 million ordinary shares, traded trailed behind the Banking sector which represents 11.93 percent of the total volume traded.
Figure 3
Zenith Bank Plc emerges first as the most patronized stock for the day. Investors traded 51.95 million ordinary shares to controlled 22.49 percent of the aggregate volume traded in the Banking Sector and 14.00 percent of the entire market. CourtVille Plc (41.55 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
ZENITHBANK |
10.50 |
51.95 |
|
COURTVILLE |
0.68 |
41.55 |
|
UBA |
10.68 |
39.88 |
|
ACCESS |
5.85 |
31.54 |
|
FIRSTBANK |
13.80 |
25.30 |
Figure 4
5 Most traded Stocks by Volume
Monetary Policy Rate: 6.00 %
Business News
Term of the day:
GRAY MARKET: An unofficial market where new issues of shares are bought and sold before they become officially available for trading on the stock exchange.
mkt update for 02-09-09
by Ope on September 2nd, 2009
filed under Capital Market, Make Money
About The Market Today 02/09/09
The clean up exercise in Nigerian banks embarked upon by the Central Bank of Nigeria (CBN), has continued to take its toll on the Nigeria Stock Market as equity prices continued its downwards trend.
At the close of trading today, the benchmark All share index declined 167.07 points or 0.74 percent to close at 22,393.77 from 22,560.84 points the previous day.
The market which had continue to fall since last Friday, had resumed last Monday on a poor note with the index declining by 1.3 percent.
Similarly, the market capitalization fell by N38.30 billion or 0.74 percent to close at N5,133.37 billion from N5,171.67 billion the previous day.
Market patronage in terms of Volume of shares exchanged by investors rise by 322.59 million ordinary shares or 87.78 percent when compared with the position of last trading day. In essence, an aggregate of 690.07 million ordinary shares were traded in 6,370 deals today as against a volume of 367.48 million traded in 6,460 deals in the previous transaction.
Turnover by value was on the upswing as it close at N3.84 billion; N1.45 billion or 60.67 percent rise as against N2.39 billion worth of stocks traded in the previous trading day
Table 1
Market Statistics
|
|
Today 02/09/2009 |
Previous day 01/09/2009 |
% Change |
|
NSE All- Share Index |
22,393.77 |
22,560.84 |
-0.74 |
|
Total Deals |
6,370 |
6,460 |
-1.39 |
|
Volume Traded (M) |
690.07 |
367.48 |
87.78 |
|
Value Traded (N’B) |
3.84 |
2.39 |
60.67 |
|
Turn Over Ratio % |
0.13 |
0.07 |
85.71 Change Point |
|
Mkt. Capt. (N’B) |
5,133.37 |
5,171.67 |
-0.74 |
Guinness Plc lead the top gainers list again as the stock added N6.48 or 5.00 percent to its share price to close the market at N129.67 from its opening price of N193.11. Benue Cement Company (BCC) Plc came second on the list, having gained N1.00 or 2.56 percent as it opened and closed the day at N39.00 and N40.00 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
GUINNESS |
129.67 |
136.15 |
+6.48 |
5.00 |
|
BCC |
39.00 |
40.00 |
+1.00 |
2.56 |
|
UNILEVER |
14.02 |
14.72 |
+0.70 |
4.99 |
|
CCNN |
9.42 |
9.89 |
+0.47 |
4.99 |
|
LONGMAN |
8.00 |
8.40 |
+0.40 |
5.00 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, Oando Plc lead the table for the day as the company share price declined by N2.50 or 2.66 percent to close the market at N91.50 per share, from it opening price of N94.00. Followed on the Chart was Conoil Plc that lost N2.10 or 4.61 percent to close the day at N43.50 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
OANDO |
94.00 |
91.50 |
-2.50 |
2.66 |
|
CONOIL |
45.60 |
43.50 |
-2.10 |
4.61 |
|
FLOURMILL |
23.50 |
22.33 |
-1.17 |
4.98 |
|
NBC |
23.00 |
21.85 |
-1.15 |
5.00 |
|
GLAXOSMITH |
20.21 |
19.20 |
-1.01 |
5.00 |
Figure 2
Top 5 Price Losers
Trading Activities (Sectors/Individuals)
The Banking sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 308.47 million ordinary shares traded to control 44.70 percent of the aggregate volume of shares traded. The 2nd Tier sector, with 250.01 million ordinary shares, traded trailed behind the Banking sector which represents 36.23 percent of the total volume traded.
Figure 3
Capital Oil Plc emerges first as the most patronized stock for the day. Investors traded 250.01 million ordinary shares to controlled 100 percent of the aggregate volume traded in the 2nd Tier Securities Sector and 36.23 percent of the entire market. Zenith Bank Plc (84.80 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
CAPOIL |
1.14 |
250.01 |
|
ZENITHBANK |
11.60 |
84.80 |
|
GUARANTY |
13.00 |
71.25 |
|
DIAMONDBNK |
6.01 |
41.77 |
|
ACCESS |
7.16 |
34.82 |
Figure 4
5 Most traded Stocks by Volume
Monetary Policy Rate: 6.00 %
Business News
Term of the day:
DELISTING:
The removal of a listed security from the exchange on which it trades. Stock is removed from an exchange because the company, for which the stock is issued, whether voluntarily or involuntarily, is not in compliance with the listing requirements of the exchange.
The reasons for delisting include violating regulations and/or failing to meet financial specifications set out by the stock exchange. Companies that are delisted are not necessarily bankrupt, and may continue trading over the counter.
In order for a stock to be traded on an exchange, the company that issues the stock must meet the listing requirements set out by the exchange. Listing requirements include minimum share prices, certain financial ratios, minimum sales levels, and so on. If listing requirements are not met by a company, the exchange that lists the company’s stock will probably issue a warning of non-compliance to the company. If the company’s failure to meet listing requirements continues, the exchange may delist the company’s stock.
NSE Market update for 26-08-09
by Ope on August 26th, 2009
filed under Capital Market, Make Money
About The Market Today 26/08/09
The bull consolidated their hold on the stock market today pushing up the market capitalization of the Nigerian Stock Exchange (NSE) by N113.60 billion to close at N5,382.30 billion.
After losing N519 billion last weeks, following reactions to the Central Bank of Nigeria’s (CBN) removal of the managing director of five banks, the market rebounded with a growth of 2.30 percent today.
Investors who found the current levels of stock prices as an opportunity to increase their holdings were buying some of the stocks.
The upward trend of the Nigerian Stock Exchange index continues and it rise by 2.16% from 22,984.14 to close at 23,479.72.
Market patronage in terms of Volume of shares exchanged by investors rise by 21.62 million ordinary shares or 6.92 percent when compared with the position of last trading day. In essence, an aggregate of 334.27 million ordinary shares were traded in 5,459 deals today as against a volume of 312.65 million traded in 5,606 deals in the previous transaction.
Turnover by value was on the downswing as it close at N2.30 billion; N0.01 billion or 0.43 percent drop as against N2.31 billion worth of stocks traded in the previous trading day
Table 1
Market Statistics
|
|
Today 26/08/2009 |
Previous day 25/08/2009 |
% Change |
|
NSE All- Share Index |
23,479.72 |
22,984.14 |
2.16 |
|
Total Deals |
5,459 |
5,606 |
-2.62 |
|
Volume Traded (M) |
334.27 |
312.65 |
6.92 |
|
Value Traded (N’B) |
2.30 |
2.31 |
-0.43 |
|
Turn Over Ratio % |
0.06 |
0.06 |
0.00% Change Point |
|
Mkt. Capt. (N’B) |
5,382.30 |
5,268.70 |
2.16 |
Total Plc lead the top gainers list again as the stock added N6.23 or 4.99 percent to its share price to close the market at N131.00 from its opening price of N124.77. Benue Cement Company Plc came second on the list, having gained N1.72 or 4.98 percent as it opened and closed the day at N34.56 and N36.28 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
TOTAL |
124.77 |
131.00 |
+6.23 |
4.99 |
|
BCC |
34.56 |
36.28 |
+1.72 |
4.98 |
|
WAPCO |
32.50 |
34.12 |
+1.62 |
4.98 |
|
NBC |
24.15 |
25.35 |
+1.20 |
4.97 |
|
FLOURMILL |
20.42 |
21.44 |
+1.02 |
5.00 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, Guinness Plc lead the table for the day as the company share price declined by N2.50 or 1.79 percent to close the market at N137.00 per share, from it opening price of N139.50. Followed on the Chart was Nestle Plc that lost N1.88 or 0.91 percent to close the day at N204.99 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
GUINNESS |
139.50 |
137.00 |
-2.50 |
-1.79 |
|
NESTLE |
206.87 |
204.99 |
-1.88 |
-0.91 |
|
7UP |
30.40 |
28.89 |
-1.51 |
-4.97 |
|
JBERGER |
25.65 |
24.37 |
-1.28 |
-4.99 |
|
TRIPPLEG |
6.35 |
6.04 |
-0.31 |
-4.88 |
Figure 2
Top 5 Price Losers
Trading Activities (Sectors/Individuals)
The Banking sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 147.11 million ordinary shares traded to control 44.01 percent of the aggregate volume of shares traded. The Insurance sector, with 63.23 million ordinary shares, traded trailed behind the Banking sector which represents 18.92 percent of the total volume traded.
Figure 3
Dangote Flour Mill Plc emerges first as the most patronized stock for the day. Investors traded 29.14 million ordinary shares to controlled 66.91 percent of the aggregate volume traded in the Food/Beverages & Tobacco Sector and 8.72 percent of the entire market. Platinum Bank Plc (28.05 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
DANGFLOUR |
6.60 |
29.14 |
|
PLATINUM |
3.96 |
28.05 |
|
SPRINGBANK |
5.59 |
18.23 |
|
FIDELITYBK |
1.91 |
16.92 |
|
ACCESS |
5.70 |
14.13 |
Figure 4
5 Most traded Stocks by Volume
Monetary Policy Rate: 6.00 %
Business News
Term of the day:
MEAN RETURN:
Mean returns attempt to quantify the relationship between the risk of a portfolio of securities and its return. It assumes that while investors have different risk tolerances, rational investors will always seek the maximum rate of return for every level of acceptable risk. It is the mean, or expected, return that investors try to maximize at each level of risk.