Market Analysis for 20-08-09
by Ope on August 20th, 2009
filed under Capital Market, Make Money
The capitalization of equities fell further by N92.83 billion to close lower at N5,083.28 billion, down from N5,176.11 billion the previous day.
13 Stocks appreciated today lower than 17 stocks that appreciated yesterday.
Market patronage in terms of Volume of shares exchanged by investors drop by 48.10 million ordinary shares or 11.79 percent when compared with the position of yesterday. In essence, an aggregate of 359.72 million ordinary shares were traded in 4,707 deals today as against a volume of 407.82 million traded in 5,481 deals in the previous transaction.
Turnover by value was on the downswing like volume as it closed at N1.98 billion; N0.19 billion or 8.76 percent drop as against N2.17 billion worth of stocks traded in the previous trading day
Table 1
Market Statistics
|
|
Today 20/08/2009 |
Previous day 19/08/2009 |
% Change |
|
NSE All- Share Index |
22,175.24 |
22,580.00 |
-1.79 |
|
Total Deals |
4,707 |
5,481 |
-14.12 |
|
Volume Traded (M) |
359.72 |
407.82 |
-11.79 |
|
Value Traded (N’B) |
1.98 |
2.17 |
-8.76 |
|
Turn Over Ratio % |
0.07 |
0.08 |
-12.50% Change Point |
|
Mkt. Capt. (N’B) |
5,083.28 |
5,176.11 |
-1.79 |
Guinness Plc lead the top gainers list again as the stock added N6.10 or 4.49 percent to its share price to close the market at N142.10 from its opening price of N136.00. UACN Plc came second on the list, having gained N1.35 or 3.83 percent as it opened and closed the day at N35.25 and N36.60 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
GUINNESS |
136.00 |
142.10 |
+6.10 |
4.49 |
|
UACN |
35.25 |
36.60 |
+1.35 |
3.83 |
|
CCNN |
8.53 |
8.95 |
+0.42 |
4.92 |
|
PZ |
18.50 |
18.90 |
+0.40 |
2.16 |
|
CUSTOYINS |
2.32 |
2.42 |
+0.10 |
4.31 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, Nestle Plc lead the table for the day as the company share price declined by N7.98 or 3.89 percent to close the market at N197.02 per share, from it opening price of N205.00. Followed on the Chart was Flourmills Nig Plc that lost N1.02 or 4.97 percent to close the day at N19.50 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
NESTLE |
205.00 |
197.02 |
-7.98 |
-3.89 |
|
FLOURMILL |
20.52 |
19.50 |
-1.02 |
-4.97 |
|
BETAGLAS |
19.38 |
18.42 |
-0.96 |
-4.95 |
|
ETERNAOIL |
17.73 |
16.85 |
-0.88 |
-4.96 |
|
BCC |
36.56 |
35.70 |
-0.86 |
-2.35 |
Figure 2
Top 5 Price Losers
Trading Activities (Sectors/Individuals)
The Insurance sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 146.89 million ordinary shares traded to control 40.83 percent of the aggregate volume of shares traded. The Banking sector, with 139.25 million ordinary shares, traded trailed behind the Insurance sector which represents 38.71 percent of the total volume traded.
Figure 3
Standard Alliance Plc emerges first as the most patronized stock for the day. Investors traded 113.86 million ordinary shares to controlled 77.51 percent of the aggregate volume traded in the Insurance sector and 31.65 percent of the entire market. Access Bank Plc (28.26 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
STDINSURE |
1.14 |
113.86 |
|
ACCESS |
5.19 |
28.26 |
|
FCMB |
5.61 |
23.51 |
|
CAPOIL |
1.37 |
20.00 |
|
UBA |
10.11 |
19.18 |
Figure 4
5 Most traded Stocks by Volume
Monetary Policy Rate: 6.00 %
Business News
No news
Term of the day:
EARNINGS SEASON
The months in which a majority of quarterly corporate earnings are released to the public. Earnings season occurs in the month following the end of each quarter: January, April, July or October.
Stock Market report for 19-08-2009
by Ope on August 19th, 2009
filed under Capital Market, Make Money, News
About The Market Today 19/08/09
The market capitalization of the Nigerian Stock Exchange (NSE) shed N138.46 billion yesterday as the removal of the executive managements of the five banks continued to reverberate at the stock market.
The capitalization of equities fell further by N138.46 billion to close lower at N5,176.11 billion, down from N5,314.57 billion the previous day.
There was little improvement in terms of price gainers as 17 stocks appreciated today compare to 12 stocks in the previous trading day.
Market patronage in terms of Volume of shares exchanged by investors drop by 201.95 million ordinary shares or 33.12 percent when compared with the position of yesterday. In essence, an aggregate of 407.82 million ordinary shares were traded in 5,481 deals today as against a volume of 609.77 million traded in 18,365 deals in the previous transaction.
Turnover by value was on the downswing like volume as it closed at N5,176.11 billion; N138.46 billion or 2.61 percent drop as against N5,314.57 billion worth of stocks traded in the previous trading day
Table 1
Market Statistics
|
|
Today 19/08/2009 |
Previous day 18/08/2009 |
% Change |
|
NSE All- Share Index |
22,580 |
23,184.25 |
-2.61 |
|
Total Deals |
5,481 |
18,365 |
-70.16 |
|
Volume Traded (M) |
407.82 |
609.77 |
-33.12 |
|
Value Traded (N’B) |
2.17 |
2.8 |
-22.50 |
|
Turn Over Ratio % |
0.08 |
0.11 |
-27.27% Change Point |
|
Mkt. Capt. (N’B) |
5,176.11 |
5,314.57 |
-2.61 |
Nestle Plc lead the top gainers list again as the stock added N7.00 or 3.54 percent to its share price to close the market at N198.00 from its opening price of N205.00. Glaxosmith Plc came second on the list, having gained N0.87 or 4.97 percent as it opened and closed the day at N17.51 and N18.38 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
NESTLE |
198.00 |
205.00 |
+7.00 |
3.54 |
|
GLAXOSMITH |
17.51 |
18.38 |
+0.87 |
4.97 |
|
UNILEVER |
16.85 |
17.69 |
+0.84 |
4.99 |
|
CCNN |
8.13 |
8.53 |
+0.40 |
4.92 |
|
VITAFOAM |
3.48 |
3.65 |
+0.17 |
4.89 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, Total Plc lead the table for the day as the company share price declined by N6.90 or 4.99 percent to close the market at N131.33 per share, from it opening price of N138.23. Followed on the Chart was Guinness Plc that lost N6.00 or 4.23 percent to close the day at N136.00 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
TOTAL |
138.23 |
131.33 |
-6.90 |
-4.99 |
|
GUINNESS |
142.00 |
136.00 |
-6.00 |
-4.23 |
|
MOBIL |
114.00 |
108.30 |
-5.70 |
-5.00 |
|
SKYESHELT |
95.19 |
90.44 |
-4.75 |
-4.99 |
|
OANDO |
91.00 |
86.85 |
-4.15 |
-4.56 |
Figure 2
Top 5 Price Losers
Monetary Policy Rate: 6.00 %
Business News
No news
Term of the day:
FULL DISCLOSURE:
The general need in business transactions for both parties to tell the whole truth about any material issue pertaining to the transaction.
The SEC requires full disclosure from companies that wish to be publicly traded on the major exchanges. By enforcing this rule, the SEC attempts to instill confidence in investors that the financial marketplace is efficient and transparent so that individual investors can take part in it for material profit.
Stock Market today 12-08-09
by Ope on August 12th, 2009
filed under Capital Market, Make Money
About The Market Today 12/08/09
The downward trend of equity prices on the floor of The Nigerian Stock Exchange (NSE) persisted today. This has continuously impacted negatively on the major market indices as reflected at the close of trading activities for the day.
The Nigerian Stock Exchange (NSE) all share index which is the major barometer for the performance of the market, closed at 24,641.07 down from the opening value of 25,004.66.
Also the Nigerian Stock Exchange (NSE) capitalization which measures the value of equities closed at N5,648.52 billion indicating a fall of N83.35 billion today.
Market patronage in terms of Volume of shares exchanged by investors rose by 500.83 million ordinary shares or 142.53 percent when compared with the position of yesterday. In essence, an aggregate of 852.21 million ordinary shares were traded in 7,185 deals today as against a volume of 351.38 million traded in 9,502 deals in the previous transaction.
Turnover by value was on the upswing like volume as it closed at N8.77 billion; N6.33 billion or 259.43 percent rise as against N2.44 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 12/08/2009 |
Previous day 11/08/2009 |
% Change |
|
NSE All-Share Index |
24,641.07 |
25,004.66 |
-1.45 |
|
Total Deals |
7,185 |
9,502 |
-24.38 |
|
Volume Traded (M) |
852.21 |
351.38 |
142.53 |
|
Value Traded (N’B) |
8.77 |
2.44 |
259.43 |
|
Turn Over Ratio % |
0.15 |
0.06 |
150.00% Change Point |
|
Mkt. Capt. (N’B) |
5,648.52 |
5,731.87 |
-1.45 |
UACN Plc lead the top gainers list again as the stock added N0.80 or 2.16 percent to its share price to close the market at N37.80 from its opening price of N37.00. ETI Plc came second on the list, having gained N0.63 or 4.01 percent as it opened and closed the day at N15.70 and N16.33 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
UACN |
37.00 |
37.80 |
+0.80 |
2.16 |
|
ETI |
15.70 |
16.33 |
+0.63 |
4.01 |
|
ASHAKACEM |
14.35 |
14.95 |
+0.60 |
4.18 |
|
GLAXOSMITH |
17.00 |
17.50 |
+0.50 |
2.94 |
|
UAC-PROP |
15.62 |
15.99 |
+0.37 |
2.37 |
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 N4.73 or 4.98 percent to close the market at N90.26 per share, from it opening price of N94.99. Followed on the Chart was BCC Plc that lost N2.40 or 5.00 percent to close the day at N45.60 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
OANDO |
94.99 |
90.26 |
-4.73 |
-4.98 |
|
BCC |
48.00 |
45.60 |
-2.40 |
-5.00 |
|
NESTLE |
203.97 |
201.80 |
-2.17 |
-1.06 |
|
GUINNESS |
139.20 |
138.20 |
-1.00 |
-0.72 |
|
JBERGER |
29.98 |
28.99 |
-0.99 |
-3.30 |
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 682.73 million ordinary shares traded to control 80.11 percent of the aggregate volume of shares traded. The Conglomerates sector, with 59.46 million ordinary shares, traded trailed behind the Insurance sector which represents 6.98 percent of the total volume traded.
Figure 3
United Bank for Africa Plc emerges first as the most patronized stock for the day. Investors traded 554.70 million ordinary shares to controlled 81.25 percent of the aggregate volume traded in the Banking sector and 65.09 percent of the entire market. Transcorp Plc (57.67million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
UBA |
13.00 |
554.70 |
|
TRANSCORP |
0.50 |
57.67 |
|
SKYEBANK |
5.42 |
23.92 |
|
FIRSTINLND |
1.71 |
22.34 |
|
AIICO |
1.38 |
18.35 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N7,979.52 million for a 90.94 percent of the aggregate traded value for the day. The Building Materials Sector (175.78 million) followed, representing 2.00 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that United Bank for Africa Plc led the highest trading by value at N7,135.19 million today. The figure controlled 389.42 percent of total traded value in the Banking sector and 81.32 percent of the overall value traded for the whole market. First Bank Plc (N244.84 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
UBA |
13.00 |
7,135.19 |
|
FIRSTBANK |
15.35 |
244.84 |
|
SKYEBANK |
5.42 |
131.38 |
|
BCC |
`45.60 |
129.44 |
|
GUARANTY |
13.89 |
113.83 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
Nigeria Breweries Plc is the highest capitalized stock at N393.33 billion today. This was followed by First Bank of Nigeria Plc with N379.53 billion. Zenith Bank Plc N323.01 billion, UBA Plc with N280.14 billion and Guaranty Trust Bank Plc N262.33 billion to maintained the third, fourth and fifth positions respectively.
Table 6
5 Most Capitalized Stocks
|
Stock |
Mkt. Capt. (N’B) |
% of Top 5 |
% of Total |
|
NB |
393.33 |
24.01 |
6.96 |
|
FIRSTBANK |
379.53 |
23.17 |
6.72 |
|
ZENITHBANK |
323.01 |
19.72 |
5.72 |
|
UBA |
280.14 |
17.10 |
4.96 |
|
GUARANTY |
262.33 |
16.01 |
4.64 |
|
Total |
1,638.34 |
100 |
29.00 |
|
Others |
4,010.18 |
|
71.00 |
|
Grand Total |
5,648.52 |
|
100.00 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 6.00 %
Business News
No news
Term of the day:
FULL DISCLOSURE:
The general need in business transactions for both parties to tell the whole truth about any material issue pertaining to the transaction.
The SEC requires full disclosure from companies that wish to be publicly traded on the major exchanges. By enforcing this rule, the SEC attempts to instil confidence in investors that the financial marketplace is efficient and transparent so that individual investors can take part in it for material profit.
Stock Market report for 10-08-09
by Ope on August 10th, 2009
filed under Capital Market, Make Money, News
The activities of profit takers has continuing to
propel the market on an irregular situation pushing the major market indication on a southward direction.
A review of market activities today shows that the NSE All-Share Index drop by 209.37 points or 0.82 percent to settle at 25,173.13 points when compared to 25,382.50 points posted last week trading.
Market patronage in terms of Volume of shares exchanged by investors drop by 129.94 million ordinary shares or 17.58 percent when compared with the position of the last trading day. In essence, an aggregate of 609.15 million ordinary shares were traded in 7,118 deals today as against a volume of 739.09 million traded in 7,633 deals in the previous transaction.
Turnover by value was on the downswing like volume as it closed at N3.00 billion; N0.03 billion or 0.99 percent drop as against N3.03 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 10/08/2009 |
Previous day 07/08/2009 |
% Change |
|
NSE All-Share Index |
25,173.13 |
25,382.50 |
-0.82 |
|
Total Deals |
7,118 |
7,633 |
-6.75 |
|
Volume Traded (M) |
609.15 |
739.09 |
-17.58 |
|
Value Traded (N’B) |
3.00 |
3.03 |
-0.99 |
|
Turn Over Ratio % |
0.11 |
0.13 |
-15.38% Change Point |
|
Mkt. Capt.(N’B) |
5,770.49 |
5,818.48 |
-0.82 |
Oando Plc lead the top gainers list again as the stock added N4.00 or 4.35 percent to its share price to close the market at N96.00 from its opening price of N92.00. Nestle Plc came second on the list, having gained N1.55 or 0.78 percent as it opened and closed the day at N198.45 and N200.00 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
OANDO |
92.00 |
96.00 |
+4.00 |
4.35 |
|
NESTLE |
198.45 |
200.00 |
+1.55 |
0.78 |
|
UNILEVER |
15.06 |
15.81 |
+0.75 |
4.98 |
|
BCC |
49.00 |
49.49 |
+0.49 |
1.00 |
|
DANGSUGAR |
17.48 |
17.96 |
+0.48 |
2.75 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, NB Plc lead the table for the day as the company share price declined by N2.60 or 4.68 percent to close the market at N52.90 per share, from it opening price of N55.50. Followed on the Chart was Conoil Plc that lost N2.47 or 5.00 percent to close the day at N46.93 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
NB |
55.50 |
52.90 |
-2.60 |
-4.68 |
|
CONOIL |
49.40 |
46.93 |
-2.47 |
-5.00 |
|
UACN |
40.00 |
38.00 |
-2.00 |
-5.00 |
|
WAPCO |
35.40 |
33.63 |
-1.77 |
-5.00 |
|
PZ |
20.00 |
19.03 |
-0.97 |
-4.85 |
Figure 2
Top 5 Price Losers
Monetary Policy Rate: 6.00 %
Business News
No news
Term of the day:
INVESTMENT BANKING:
A specific division of banking related to the creation of capital for other companies. Investment banks underwrite new debt and equity securities for all types of corporations.
Investment banks also provide guidance to issuers regarding the issue and placement of stock. Investment Banks also aid in the sale of securities in some instances. They also help to facilitate mergers and acquisitions, reorganizations and broker trades for both institutions and private investors. They can also trade securities for their own accounts.
NSE MARKET ANALYSIS FOR 22-07-09
by Ope on July 22nd, 2009
filed under Capital Market, Make Money
The downward trend of equity prices on the floor of The Nigerian Stock Exchange (NSE) persisted today. This has continuously impacted negatively on the major market indices as reflected at the close of trading activities for the day.
The Nigerian Stock Exchange (NSE) all share index which is the major barometer for the performance of the market, closed at 22,365.02 down from the opening value of 22,664.29.
Also the Nigerian Stock Exchange (NSE) capitalization which measures the value of equities closed at N5,126.78 billion indicating a fall of N68.60 billion today.
Market patronage in terms of Volume of shares exchanged by investors rose by 183.19 million ordinary shares or 59.90 percent when compared with the position of yesterday. In essence, an aggregate of 489.04 million ordinary shares were traded in 8,811 deals today as against a volume of 305.85 million traded in 6,697 deals in the previous transaction.
Turnover by value was on the upswing like volume as it closed at N3.69 billion; N1.40 billion or 61.14 percent rise as against N2.29 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 22/07/2009 |
Previous day 21/07/2009 |
% Change |
|
NSE All-Share Index |
22,365.02 |
22,664.29 |
-1.32 |
|
Total Deals |
8,811 |
6,697 |
31.57 |
|
Volume Traded (M) |
489.04 |
305.85 |
59.90 |
|
Value Traded (N’B) |
3.69 |
2.29 |
61.14 |
|
Turn Over Ratio % |
0.10 |
0.06 |
66.67% Change Point |
|
Mkt. Capt. (N’B) |
5,126.78 |
5,195.38 |
-1.32 |
Benue Cement Company (BCC) Plc lead the top gainers list again as the stock added N1.63 or 4.98 percent to its share price to close the market at N34.35 from its opening price of N32.72. Guaranty Trust Bank Plc came second on the list, having gained N0.66 or 4.96 percent as it opened and closed the day at N13.31 and N13.97 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
BCC |
32.72 |
34.35 |
+1.63 |
4.98 |
|
GUARANTY |
13.31 |
13.97 |
+0.66 |
4.96 |
|
WAPCO |
25.36 |
26.00 |
+0.64 |
2.52 |
|
UNILEVER |
11.39 |
11.94 |
+0.55 |
4.83 |
|
GUINNESS |
130.50 |
131.05 |
+0.55 |
0.42 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, Nestle Plc lead the table for the day as the company share price declined by N6.50 or 3.79 percent to close the market at N165.00 per share, from it opening price of N171.50. Followed on the Chart was Mobil Plc that lost N5.85 or 5.00 percent to close the day at N111.15 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
NESTLE |
171.50 |
165.00 |
-6.50 |
-3.79 |
|
MOBIL |
117.00 |
111.15 |
-5.85 |
-5.00 |
|
CONOIL |
52.26 |
49.65 |
-2.61 |
-4.99 |
|
NB |
52.63 |
50.60 |
-2.03 |
-3.86 |
|
JBERGER |
29.04 |
27.59 |
-1.45 |
-4.99 |
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 286.60 million ordinary shares traded to control 58.60 percent of the aggregate volume of shares traded. The Insurance sector, with 111.25 million ordinary shares, traded trailed behind the Insurance sector which represents 22.75 percent of the total volume traded.
Figure 3
Zenith Bank Plc emerges first as the most patronized stock for the day. Investors traded 50.79 million ordinary shares to controlled 28.33 percent of the aggregate volume traded in the Banking sector and 14.94 percent of the entire market. United Bank for Africa Plc (26.78 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
ZENITHBANK |
11.00 |
50.79 |
|
FIRSTBANK |
13.60 |
40.87 |
|
IAINSURE |
0.50 |
39.60 |
|
DIAMONDBNK |
6.01 |
34.22 |
|
JBERGER |
27.59 |
27.31 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N1,474.42 million for a 64.36 percent of the aggregate traded value for the day. The Breweries sector (N250.63 million) followed, representing 17.57 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that Julius Berger Plc led the highest trading by value at N753.46 million today. The figure controlled 98.28 percent of total traded value in the Construction sector and 20.43 percent of the overall value traded for the whole market. Zenith Bank Plc (N559.39 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
JBERGER |
27.59 |
753.46 |
|
ZENITHBANK |
11.00 |
559.39 |
|
FIRSTBANK |
13.60 |
558.42 |
|
UBA |
10.50 |
247.82 |
|
DIAMONDBNK |
6.01 |
205.65 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
Nigeria Breweries Plc is the highest capitalized stock at N382.67 billion today. This was followed by First Bank of Nigeria Plc with N336.26 billion. Zenith Bank Plc N276.29 billion, Guaranty Plc with N263.84 billion and UBA Bank Plc N226.27 billion to maintained the third, fourth and fifth positions respectively.
Table 6
5 Most Capitalized Stocks
|
Stock |
Mkt. Capt. (N’B) |
% of Top 5 |
% of Total |
|
NB |
382.67 |
25.76 |
7.46 |
|
FIRSTBANK |
336.26 |
22.64 |
6.56 |
|
ZENITHBANK |
276.29 |
18.60 |
5.39 |
|
GUARANTY |
263.84 |
17.76 |
5.15 |
|
UBA |
226.27 |
15.23 |
4.41 |
|
Total |
1,485.33 |
100 |
28.97 |
|
Others |
3,641.45 |
|
71.03 |
|
Grand Total |
5,126.78 |
|
100.00 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 6.00 %
Business News
No news
Term of the day:
ABNORMAL RETURN:
A term used to describe the returns generated by a given security or portfolio over a period of time that is different from the expected rate of return
An abnormal return can be either a good or bad thing, as it is merely a summary of how the actual returns differ from the predicted return. For example, earning 30% in a mutual fund that is expected to average 10% per year would create a positive abnormal return of 20%. If, on the other hand, the actual return was 5%, this would generate a negative abnormal return of 5%.
NSE Market Analysis for 21-07-09
by Ope on July 21st, 2009
filed under Capital Market, Make Money
The Nigerian Stock Exchange (NSE) all share index which is the major barometer for the performance of the market, closed at 22,664.29 down from the opening value of 23,110.03.
Also the Nigerian Stock Exchange (NSE) capitalization which measures the value of equities closed at N5,195.38 billion indicating a fall of N102.18 billion today.
Market patronage in terms of Volume of shares exchanged by investors rose by 67.22 million ordinary shares or 28.17 percent when compared with the position of yesterday. In essence, an aggregate of 305.85 million ordinary shares were traded in 6,697 deals today as against a volume of 238.63 million traded in 5,495 deals in the previous transaction.
Turnover by value was on the upswing like volume as it closed at N2.29 billion; N0.39 billion or 20.53 percent drop as against N1.90 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 21/07/2009 |
Previous day 20/07/2009 |
% Change |
|
NSE All-Share Index |
22,664.29 |
23,110.03 |
-1.93 |
|
Total Deals |
6,697 |
5,495 |
21.87 |
|
Volume Traded (M) |
305.85 |
238.63 |
28.17 |
|
Value Traded (N’B) |
2.29 |
1.90 |
20.53 |
|
Turn Over Ratio % |
0.06 |
0.05 |
20.00% Change Point |
|
Mkt. Capt. (N’B) |
5,195.38 |
5,297.56 |
-1.93 |
UACN Plc lead the top gainers list again as the stock added N0.67 or 1.79 percent to its share price to close the market at N38.19 from its opening price of N37.52. UNILEVER Plc came second on the list, having gained N0.54 or 4.98 percent as it opened and closed the day at N10.85 and N11.39 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
UACN |
37.52 |
38.19 |
+0.67 |
1.79 |
|
UNILEVER |
10.85 |
11.39 |
+0.54 |
4.98 |
|
GUINNESS |
130.00 |
130.50 |
+0.50 |
0.38 |
|
NAHCO |
7.22 |
7.58 |
+0.36 |
4.99 |
|
UBA |
10.15 |
10.50 |
+0.35 |
3.45 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, SKYESHELT Plc lead the table for the day as the company share price declined by N5.27 or 5.00 percent to close the market at N100.19 per share, from it opening price of N105.46. Followed on the Chart was Oando Plc that lost N1.81 or 2.07 percent to close the day at N85.70 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
SKYESHELT |
105.46 |
100.19 |
-5.27 |
-5.00 |
|
OANDO |
87.51 |
85.70 |
-1.81 |
-2.07 |
|
WAPCO |
26.68 |
25.36 |
-1.32 |
-4.95 |
|
ETERNAOIL |
21.75 |
20.67 |
-1.08 |
-4.97 |
|
UAC-PROP |
16.91 |
16.07 |
-0.84 |
-4.97 |
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 161.25 million ordinary shares traded to control 52.72 percent of the aggregate volume of shares traded. The Insurance sector, with 58.07 million ordinary shares, traded trailed behind the Insurance sector which represents 18.99 percent of the total volume traded.
Figure 3
Zenith Bank Plc emerges first as the most patronized stock for the day. Investors traded 45.69 million ordinary shares to controlled 28.33 percent of the aggregate volume traded in the Banking sector and 14.94 percent of the entire market. United Bank for Africa Plc (26.78 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
ZENITHBANK |
10.91 |
45.69 |
|
UBA |
10.50 |
26.78 |
|
GUARANTY |
13.31 |
24.77 |
|
IAINSURE |
0.50 |
18.27 |
|
DANGSUGAR |
13.94 |
13.61 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N1,474.42 million for a 64.36 percent of the aggregate traded value for the day. The Breweries sector (N250.63 million) followed, representing 17.57 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that Zenith Bank Plc led the highest trading by value at N499.66 million today. The figure controlled 33.89 percent of total traded value in the Banking sector and 21.81 percent of the overall value traded for the whole market. Guaranty Trust Bank Plc (N331.01 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
ZENITHBANK |
10.91 |
499.66 |
|
GUARANTY |
13.31 |
331.01 |
|
UBA |
10.50 |
271.83 |
|
DANGSUGAR |
13.94 |
197.32 |
|
NB |
52.63 |
157.11 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
Nigeria Breweries Plc is the highest capitalized stock at N398.02 billion today. This was followed by First Bank of Nigeria Plc with N353.82 billion. Zenith Bank Plc N274.03 billion, Guaranty Plc with N251.38 billion and UBA Bank Plc N226.27 billion to maintained the third, fourth and fifth positions respectively.
Table 6
5 Most Capitalized Stocks
|
Stock |
Mkt. Capt. (N’B) |
% of Top 5 |
% of Total |
|
NB |
398.02 |
26.47 |
7.66 |
|
FIRSTBANK |
353.82 |
23.53 |
6.81 |
|
ZENITHBANK |
274.03 |
18.23 |
5.27 |
|
GUARANTY |
251.38 |
16.72 |
4.84 |
|
UBA |
226.27 |
15.05 |
4.36 |
|
Total |
1,503.52 |
100 |
28.94 |
|
Others |
3,691.86 |
|
71.06 |
|
Grand Total |
5,195.38 |
|
100.00 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 6.00 %
Business News
No news
Term of the day:
ACTIVITY RATIO:
Accounting ratios that measure a firm’s ability to convert different accounts within their balance sheets into cash or sales
Companies will typically try to turn their production into cash or sales as fast as possible because this will generally lead to higher revenues.
Nigeria Stock Exchange Analysis for 20-07-09
by Ope on July 20th, 2009
filed under Capital Market, Make Money
About The Market Today 20/07/09
The Nigerian Stock Exchange (NSE) all share index which is the major barometer for the performance of the market, closed at 23,110.03 down from the opening value of 23,656.42
Also the Nigerian Stock Exchange (NSE) capitalization which measures the value of equities closed at N5,297.56 billion indicating a fall of N125.25 billion today.
Market patronage in terms of Volume of shares exchanged by investors drop by 201.39 million ordinary shares or 45.77 percent when compared with the position in the last trading day. In essence, an aggregate of 238.63 million ordinary shares were traded in 5,495 deals today as against a volume of 440.02 million traded in 9,390 deals in the previous transaction.
Turnover by value was on the downswing like volume as it closed at N1.90 billion; N1.17 billion or 38.11 percent drop as against N3.07 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 20/07/2009 |
Previous day 17//07/2009 |
% Change |
|
NSE All- Share Index |
23,110.03 |
23,656.42 |
-2.31 |
|
Total Deals |
5,495 |
9,390 |
-41.48 |
|
Volume Traded (M) |
238.63 |
440.02 |
-45.77 |
|
Value Traded (N’B) |
1.90 |
3.07 |
-38.11 |
|
Turn Over Ratio % |
0.05 |
0.08 |
-37.50% Change Point |
|
Mkt. Capt. (N’B) |
5,297.56 |
5,422.81 |
-2.31 |
WAPCO Plc lead the top gainers list again as the stock added N1.18 or 4.63 percent to its share price to close the market at N26.68 from its opening price of N25.50. UACN Plc came second on the list, having gained N1.12 or 3.08 percent as it opened and closed the day at N36.40 and N37.52 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
WAPCO |
25.50 |
26.68 |
+1.18 |
4.63 |
|
UACN |
36.40 |
37.52 |
+1.12 |
3.08 |
|
PZ |
19.45 |
20.41 |
+0.96 |
4.94 |
|
DANGSUGAR |
13.99 |
14.66 |
+0.67 |
4.79 |
|
NB |
52.35 |
53.00 |
+0.65 |
1.24 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, AP Plc lead the table for the day as the company share price declined by N4.03 or 4.99 percent to close the market at N76.75 per share, from it opening price of N80.78. Followed on the Chart was Oando Plc that lost N2.35 or 2.62 percent to close the day at N87.51 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
AP |
80.78 |
76.75 |
-4.03 |
-4.99 |
|
OANDO |
89.86 |
87.51 |
-2.35 |
-2.62 |
|
BCC |
34.44 |
32.72 |
-1.72 |
-4.99 |
|
GUINNESS |
131.05 |
130.00 |
-1.05 |
-0.80 |
|
FLOURMILL |
19.63 |
18.65 |
-0.98 |
-4.99 |
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 125.60 million ordinary shares traded to control 52.63 percent of the aggregate volume of shares traded. The Insurance sector, with 71.10 million ordinary shares, traded trailed behind the Insurance sector which represents 29.80 percent of the total volume traded.
Figure 3
Zenith Bank Plc emerges first as the most patronized stock for the day. Investors traded 47.37 million ordinary shares to controlled 37.71 percent of the aggregate volume traded in the Banking sector and 19.85 percent of the entire market. Investment and Allied Assurance Plc (28.64 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
ZENITHBANK |
11.48 |
47.37 |
|
IAINSURE |
0.50 |
28.64 |
|
ACCESS |
5.77 |
13.79 |
|
AIICO |
0.93 |
12.83 |
|
GUARANTY |
13.00 |
11.42 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N1,111.98 million for a 58.38 percent of the aggregate traded value for the day. The Breweries sector (N334.72 million) followed, representing 17.57 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that Zenith Bank Plc led the highest trading by value at N543.96 million today. The figure controlled 48.92 percent of total traded value in the Banking sector and 28.56 percent of the overall value traded for the whole market. Nigeria Breweries Plc (N207.67 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
ZENITHBANK |
11.48 |
543.96 |
|
NB |
53.00 |
207.67 |
|
GUARANTY |
13.00 |
149.16 |
|
GUINNESS |
130.00 |
123.98 |
|
OANDO |
87.51 |
92.17 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
Nigeria Breweries Plc is the highest capitalized stock at N400.82billion today. This was followed by First Bank of Nigeria Plc with N372.36 billion. Zenith Bank Plc N288.35 billion, Guaranty Plc with N245.52 billion and UBA Bank Plc N218.72 billion to maintained the third, fourth and fifth positions respectively.
Table 6
5 Most Capitalized Stocks
|
Stock |
Mkt. Capt. (N’B) |
% of Top 5 |
% of Total |
|
NB |
400.82 |
24.91 |
7.57 |
|
FIRSTBANK |
372.36 |
24.40 |
7.03 |
|
ZENITHBANK |
288.35 |
18.90 |
5.44 |
|
GUARANTY |
245.52 |
16.09 |
4.63 |
|
UBA |
218.72 |
14.34 |
4.13 |
|
Total |
1,525.77 |
100 |
28.80 |
|
Others |
3,771.79 |
|
71.20 |
|
Grand Total |
5,297.56 |
|
100.00 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 6.00 %
Business News
No news
Term of the day:
LOAN DOWN:
A specified period when an employee of a public company is barred from selling – and occasionally buying – his or her company’s stock.
NSE today 17-7-09
by Ope on July 17th, 2009
filed under Capital Market, Make Money
Trading activities on the floor of The Nigerian Stock Exchange (NSE) continued on a negative outlook, as the bears emerged once again on the floor of the exchange to close the week.
An empirical analysis on the market activities today revealed that the NSE All-Share Index slipped by 434.49 to close at 23,656.42.
Moreover, Market capitalization closed at N5,422.81 billion compared to N5,522.41 in the previous trading.
Market patronage in terms of Volume of shares exchanged by investors drop by 2.66 million ordinary shares or 0.60 percent when compared with the position in the last trading day. In essence, an aggregate of 440.02 million ordinary shares were traded in 9,390 deals today as against a volume of 442.68 million traded in 9,676 deals in the previous transaction.
Turnover by value was on the downswing like volume as it closed at N3.07 billion; N1.35 billion or 30.54 percent drop as against N4.42 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 17/07/2009 |
Previous day 16//07/2009 |
% Change |
|
NSE All-Share Index |
23,656.42 |
24,090.91 |
-1.80 |
|
Total Deals |
9,390 |
9,676 |
-2.96 |
|
Volume Traded (M) |
440.02 |
442.68 |
-0.60 |
|
Value Traded (N’B) |
3.07 |
4.42 |
-30.54 |
|
Turn Over Ratio % |
0.08 |
0.08 |
0.00% Change Point |
|
Mkt. Capt. (N’B) |
5,422.81 |
5,522.41 |
-1.80 |
Oando Plc lead the top gainers list again as the stock added N4.16 or 4.85 percent to its share price to close the market at N89.86 from its opening price of N85.70. Nigeria Breweries Plc came second on the list, having gained N2.49 or 4.99 percent as it opened and closed the day at N52.35 and N49.86 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
OANDO |
85.70 |
89.86 |
+4.16 |
4.85 |
|
NB |
49.86 |
52.35 |
+2.49 |
4.99 |
|
BOCGAS |
15.75 |
16.53 |
+0.78 |
4.95 |
|
PZ |
18.74 |
19.45 |
+0.71 |
3.79 |
|
ETI |
12.18 |
12.78 |
+0.60 |
4.93 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, AP Plc lead the table for the day as the company share price declined by N4.25 or 5.00 percent to close the market at N80.75 per share, from it opening price of N85.03. Followed on the Chart was Conoil Plc that lost N2.75 or 5.00 percent to close the day at N29.04 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
AP |
85.03 |
80.78 |
-4.25 |
-5.00 |
|
CONOIL |
55.01 |
52.26 |
-2.75 |
-5.00 |
|
WAPCO |
26.70 |
25.50 |
-1.20 |
-4.49 |
|
ETERNAOIL |
22.89 |
21.75 |
-1.14 |
-4.98 |
|
FLOURMI,, |
20.66 |
19.63 |
-1.03 |
-4.99 |
Figure 2
Top 5 Price Losers
Trading Activities (Sectors/Individuals)
The Insurance sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 176.58 million ordinary shares traded to control 40.13 percent of the aggregate volume of shares traded. The Banking sector, with 160.58 million ordinary shares, traded trailed behind the Insurance sector which represents 36.49 percent of the total volume traded.
Figure 3
Gold Link Insurance Plc emerges first as the most patronized stock for the day. Investors traded 120.15 million ordinary shares to controlled 68.04 percent of the aggregate volume traded in the Insurance sector and 27.31 percent of the entire market. First Bank Plc (70.30 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
GOLDINSURE |
0.50 |
120.15 |
|
FIRSTBANK |
18.92 |
70.30 |
|
CHAMS |
0.80 |
28.02 |
|
ZENITHBANK |
12.08 |
15.56 |
|
STDINSURE |
0.97 |
15.52 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N2,048.62 million for a 66.63 percent of the aggregate traded value for the day. The Breweries sector (N442.18 million) followed, representing 14.38 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that First Bank Plc led the highest trading by value at N1,309.14 million today. The figure controlled 63.90 percent of total traded value in the Banking sector and 42.58 percent of the overall value traded for the whole market. Nigeria Breweries Plc (N394.69 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
FIRSTBANK |
18.92 |
1,309.14 |
|
NB |
52.35 |
394.69 |
|
ZENITHBANK |
12.08 |
187.99 |
|
GUARANTY |
13.04 |
164.62 |
|
UACN |
36.40 |
89.66 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
First Bank of Nigeria Plc is the highest capitalized stock at N467.80billion today. This was followed by Nigerian Breweries Plc with N395.90 billion. Zenith Bank Plc N303.42 billion, Guaranty Plc with N246.28 billion and UBA Bank Plc N230.15 billion to maintained the third, fourth and fifth positions respectively.
Table 6
5 Most Capitalized Stocks
|
Stock |
Mkt. Capt. (N’B) |
% of Top 5 |
% of Total |
|
FIRSTBANK |
467.80 |
28.46 |
8.63 |
|
NB |
395.90 |
24.09 |
7.30 |
|
ZENITHBANK |
303.42 |
18.46 |
5.60 |
|
GUARANTY |
246.28 |
14.98 |
4.54 |
|
UBA |
230.15 |
14.00 |
4.24 |
|
Total |
1,643.55 |
100 |
30.31 |
|
Others |
3,779.25 |
|
69.69 |
|
Grand Total |
5,422.81 |
|
100.00 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 6.00 %
Business News
SKYE SHELTER FUND PLC: Audited result for the year ended 31st December 2008 shows Fixed Interest Income of N236.11 million. Profit after tax stood at N114.64 million. The Fund Managers are recommending a dividend of N4.65 per share. The date of closure of register is July 23, 2009 while payment date is August 3, 2009. The Fund was admitted on the Daily Official List on February 26, 2008. The Annual General Meeting is scheduled to hold on Thursday, July 30, 2009 at a venue to be advised later.
RED STAR EXPRESS PLC: Audited result for the year ended 31st March 2009. The Board of Directors is recommending a dividend of N0.30 per share. The date of closure of register is August 10, 2009 while payment date is August 27, 2009. The Annual General Meeting is scheduled to hold on Thursday, August 20, 2009 by 11.00a.m at a venue to be advised later.
AVON CROWNCAPS & CONTAINERS PLC: Audited result for the year ended 31st March 2009 shows Turnover of N9,576.31 million as against N6,905.13 million in 2008. Profit after tax stood at N236.55 million compared with N251.11 million in 2008. The Board of Directors is recommending a dividend of N0.12 per share. The date of closure of register is September 15, 2009 while payment date is September 28, 2009. The Annual General Meeting is scheduled to hold on Thursday, September 24, 2009.
CAPITAL HOTELS PLC: Audited result for the year ended 31st December 2008 shows Turnover of N3,962.5 million as against N2,811.8 million in 2007. Profit after tax stood at N209.13 million compared with N177.03 million in 2007. The Board of Directors is recommending a dividend of N0.05 per share. The date of closure of register is August 3, 2009 while payment date is September 2, 2009. The 28th Annual General Meeting is scheduled to hold at Sheraton Hotel & Towers, Abuja, on Wednesday, August 19, 2009 by 12.00noon.
MORISON INDUSTRIES PLC: Audited result for the year ended 31st December 2008 shows Turnover of N369.23 million as against N221.8 million in 2007. Profit after tax stood at N14.45 million compared with N5.5 million in 2007. The Board of Directors is recommending a dividend of N0.05 per share. The date of closure of register is July 20, 2009 while payment date is August 20, 2009. The 54th Annual General Meeting is scheduled to hold at the Company Premises on Thursday, August 13, 2009 by 11.00a.m.
LASACO ASSURANCE PLC: Audited result for the year ended 31st December 2008 shows Gross Premium of N2,334.15 million as against N1,773.85 million in 2007. Profit after tax stood at N364.93million compared with N688.2 million in 2007. The Board of Directors is recommending a dividend of N0.03 per share. The date of closure of register is August 3, 2009 while payment date would be advised later.
NIGERIAN BREWERIES PLC: Unaudited result for the half year ended 30th June 2009 shows Turnover of N82,691.7 million, as against N68,054 million in the comparable period of 2008. Profit after tax stood at N16,855.81 million compared with N12,337.7 million in 2008.
OANDO PLC: Unaudited result for the first quarter ended 31st March 2009 shows Turnover of N77,534.0 million, as against N69,363.0 million in the comparable period of 2008. Profit after tax stood at N1,818.0 million compared with N1,399.0 million in 2008.
FIRST ALUMINIUM NIGERIA PLC: Unaudited result for the first quarter ended 31st March 2009 shows Turnover of N2,331.51 million, as against N1,969.5 million in the comparable period of 2008. Loss after tax stood at N45.51 million compared with N39.2 million in 2008.
AFPRINT NIGERIA PLC: Unaudited result for the third quarter ended 31st March 2009 shows Turnover of N2,431.95 million, as against N3,249.3 million in the comparable period of 2008. Loss after tax stood at N115.42 million compared with N4.1 million in 2008.
Term of the day:
ADJUSTED DEBIT BALANCE:
The amount of money owed by a customer to his/her broker after paper profits and losses are taken into consideration.
This value is calculated by subtracting the accountholder’s profits on short sales and balances in a special miscellaneous account. According to the SEC’s Regulation T, withdrawals from margin accounts can only be made if there is a small adjusted debit balance.
Nigeria Stock Exchange 16-7-09
by Ope on July 16th, 2009
filed under Capital Market, Make Money
Trading activities on the floor of The Nigerian Stock Exchange (NSE) continued today on a negative outlook, as the bears emerged once again on the floor of the exchange.
An empirical analysis on the market activities today revealed that the NSE All-Share Index slipped by 715.63 to close at 24,090.91.
Moreover, Market capitalization closed at N5,522.41 billion compared to N5,686.45 in the previous trading.
Market patronage in terms of Volume of shares exchanged by investors rose by 120.43 million ordinary shares or 37.37 percent when compared with the position in the last trading day. In essence, an aggregate of 442.68 million ordinary shares were traded in 9,676 deals today as against a volume of 322.25 million traded in 7,844 deals in the previous transaction.
Turnover by value was on the upswing like volume as it closed at N4.42 billion; N1.60 billion or 56.74 percent rise as against N2.82 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 16/07/2009 |
Previous day 15//07/2009 |
% Change |
|
NSE All- Share Index |
24,090.91 |
24,806.54 |
-2.88 |
|
Total Deals |
9,676 |
7,844 |
23.36 |
|
Volume Traded (M) |
442.68 |
322.25 |
37.37 |
|
Value Traded (N’B) |
4.42 |
2.82 |
56.74 |
|
Turn Over Ratio % |
0.08 |
0.06 |
33.33% Change Point |
|
Mkt. Capt. (N’B) |
5,522.41 |
5,686.45 |
-2.88 |
Nestle Plc lead the top gainers list again as the stock added N1.50 or 0.88 percent to its share price to close the market at N171.50 from its opening price of N170.00. West African Portland Cement (WAPCO) Plc came second on the list, having gained N0.70 or 2.69 percent as it opened and closed the day at N26.00 and N26.70 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
NESTLE |
170.00 |
171.50 |
+1.50 |
0.88 |
|
WAPCO |
26.00 |
26.70 |
+0.70 |
2.69 |
|
COSTAIN |
6.10 |
6.25 |
+0.15 |
2.46 |
|
INTBREW |
2.78 |
2.91 |
+0.13 |
4.68 |
|
FIDSON |
2.33 |
2.44 |
+0.11 |
4.72 |
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 N4.30 or 4.78 percent to close the market at N85.70 per share, from it opening price of N90.00. Followed on the Chart was Benue Cement Company Plc that lost N1.85 or 4.86 percent to close the day at N29.04 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
OANDO |
90.00 |
85.70 |
-4.30 |
-4.78 |
|
BCC |
38.10 |
36.25 |
-1.85 |
-4.86 |
|
UACN |
37.60 |
36.10 |
-1.50 |
-3.99 |
|
FLOURMILL |
21.74 |
20.66 |
-1.08 |
-4.97 |
|
NBC |
28.00 |
26.99 |
-1.01 |
-3.61 |
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 260.72 million ordinary shares traded to control 58.90 percent of the aggregate volume of shares traded. The Insurance sector, with 49.41 million ordinary shares, traded trailed behind the Insurance sector which represents 11.16 percent of the total volume traded.
Figure 3
First Bank Plc emerges first as the most patronized stock for the day. Investors traded 55.83 million ordinary shares to controlled 21.41 percent of the aggregate volume traded in the Banking sector and 12.61 percent of the entire market. Access Bank Plc (46.54 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
FIRSTBANK |
18.87 |
55.83 |
|
ACCESS |
6.37 |
46.54 |
|
GUARANTY |
13.30 |
36.13 |
|
FCMB |
6.71 |
26.31 |
|
CAPOIL |
1.79 |
20.00 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N2,721.07 million for a 61.56 percent of the aggregate traded value for the day. The Building Materials sector (N673.76 million) followed, representing 5.53 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that First Bank Plc led the highest trading by value at N1,062.39 million today. The figure controlled 39.04 percent of total traded value in the Banking sector and 24.04 percent of the overall value traded for the whole market. Benue Cement Company Plc (N564.33 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
FIRSTBANK |
18.87 |
1,062.39 |
|
BCC |
36.25 |
564.33 |
|
GUARANTY |
13.30 |
502.20 |
|
UACN |
36.10 |
345.08 |
|
ACCESS |
6.37 |
299.15 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
First Bank of Nigeria Plc is the highest capitalized stock at N466.57 billion today. This was followed by Nigerian Breweries Plc with N377.07 billion. Zenith Bank Plc N319.24 billion, Guaranty Plc with N251.19 billion and UBA Bank Plc N242.21 billion to maintained the third, fourth and fifth positions respectively.
Table 6
5 Most Capitalized Stocks
|
Stock |
Mkt. Capt. (N’B) |
% of Top 5 |
% of Total |
|
FIRSTBANK |
466.57 |
28.17 |
8.45 |
|
NB |
377.07 |
22.77 |
6.83 |
|
ZENITHBANK |
319.24 |
19.27 |
5.78 |
|
GUARANTY |
251.19 |
15.17 |
4.55 |
|
UBA |
242.21 |
14.62 |
4.39 |
|
Total |
1,656.28 |
100 |
29.99 |
|
Others |
3,866.13 |
|
70.01 |
|
Grand Total |
5,522.41 |
|
100.00 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 6.00 %
Business News
Term of the day:
Dividend yield :
A financial ratio that shows how much a company pays out in dividends each year relative to its share price. In the absence of any capital gains, the dividend yield is the return on investment for a stock.
Dividend yield is calculated as follows:
= Annual Dividend per Share
Price per Share
Market Analysis for 15-7-09
by Ope on July 15th, 2009
filed under Capital Market, Make Money
About The Market Today 15/07/09
Trading activities on the floor of The Nigerian Stock Exchange (NSE) continued today on a negative outlook, as the bears emerged once again on the floor of the exchange.
An empirical analysis on the market activities today revealed that the NSE All-Share Index slipped by 708.29 to close at 24,806.54..
Moreover, Market capitalization closed at N5,686.45 billion compared to N5,848.82 in the previous trading.
Market patronage in terms of Volume of shares exchanged by investors dropped by 125.08 million ordinary shares or 27.96 percent when compared with the position in the last trading day. In essence, an aggregate of 322.25 million ordinary shares were traded in 7,844 deals today as against a volume of 447.33 million traded in 9,116 deals in the previous transaction.
Turnover by value was on the downswing like volume as it closed at N2.82 billion; N0.68 billion or 19.43 percent drop as against N3.50 billion worth of stocks traded in the previous trading day.
Table 1
Market Statistics
|
|
Today 15//07/2009 |
Previous day 14//07/2009 |
% Change |
|
NSE All- Share Index |
24,806.54 |
25,514.83 |
-2.78 |
|
Total Deals |
7,844 |
9,116 |
-13.95 |
|
Volume Traded (M) |
322.25 |
447.33 |
-27.96 |
|
Value Traded (N’B) |
2.82 |
3.50 |
-19.43 |
|
Turn Over Ratio % |
0.06 |
0.08 |
-25.00% Change Point |
|
Mkt. Capt. (N’B) |
5,686.45 |
5,848.82 |
-2.78 |
Oando Plc lead the top gainers list again as the stock added N2.50 or 2.86 percent to its share price to close the market at N90.00 from its opening price of N87.50. Nigeria Bottling Company Plc came second on the list, having gained N1.00 or 3.70 percent as it opened and closed the day at N27.00 and N28.00 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
OANDO |
87.50 |
90.00 |
+2.50 |
2.86 |
|
NBC |
27.00 |
28.00 |
+1.00 |
3.70 |
|
COSTAIN |
5.83 |
6.10 |
+0.27 |
4.63 |
|
REDSTAREX |
2.85 |
2.99 |
+0.14 |
4.91 |
|
BIGTREAT |
1.85 |
1.94 |
0.09 |
4.86 |
Figure 1
Top 5 Price Gainers
2
On the losers’ chart, Nestle Plc lead the table for the day as the company share price declined by N4.06 or 2.33 percent to close the market at N170.00 per share, from it opening price of N174.06. Followed on the Chart was Guinness Plc that lost N3.50 or 2.59 percent to close the day at N29.04 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
NESTLE |
174.06 |
170.00 |
-4.06 |
-2.33 |
|
GUINNESS |
135.00 |
131.50 |
-3.50 |
-2.59 |
|
FIRSTBANK |
20.90 |
19.86 |
-1.04 |
-4.98 |
|
DANGSUGAR |
16.30 |
15.49 |
-0.81 |
-4.97 |
|
UBN |
16.01 |
15.21 |
-0.80 |
-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 210.78 million ordinary shares traded to control 65.41 percent of the aggregate volume of shares traded. The Insurance sector, with 46.23 million ordinary shares, traded trailed behind the Insurance sector which represents 14.35 percent of the total volume traded.
Figure 3
Guaranty Trust Bank Plc emerges first as the most patronized stock for the day. Investors traded 43.26 million ordinary shares to controlled 20.52 percent of the aggregate volume traded in the Banking sector and 13.42 percent of the entire market. First Bank Plc (30.49 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
GUARANTY |
13.50 |
43.26 |
|
FIRSTBANK |
19.86 |
30.49 |
|
ACCESS |
6.70 |
24.99 |
|
INTERCONT |
8.00 |
18.05 |
|
DIAMONDBNK |
7.73 |
17.30 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N2,213.02 million for a 78.40 percent of the aggregate traded value for the day. The Breweries sector (N156.22 million) followed, representing 5.53 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that First Bank Plc led the highest trading by value at N605.48 million today. The figure controlled 27.36 percent of total traded value in the Banking sector and 21.45 percent of the overall value traded for the whole market. Guaranty Trust Bank Plc (N586.05 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
FIRSTBANK |
19.86 |
605.48 |
|
GUARANTY |
13.50 |
586.05 |
|
ACCESS |
6.70 |
167.31 |
|
UBA |
11.78 |
154.49 |
|
INTERCONT |
8.00 |
144.97 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
First Bank of Nigeria Plc is the highest capitalized stock at N491.05 billion today. This was followed by Nigerian Breweries Plc with N378.13 billion. Zenith Bank Plc N332.05 billion, Guaranty Plc with N254.97 billion and UBA Bank Plc N253.85 billion to maintained the third, fourth and fifth positions respectively.
Table 6
5 Most Capitalized Stocks
|
Stock |
Mkt. Capt. (N’B) |
% of Top 5 |
% of Total |
|
FIRSTBANK |
491.05 |
28.72 |
8.64 |
|
NB |
378.13 |
22.11 |
6.65 |
|
ZENITHBANK |
332.05 |
19.42 |
5.84 |
|
GUARANTY |
254.97 |
14.91 |
4.48 |
|
UBA |
253.85 |
14.84 |
4.46 |
|
Total |
1,710.05 |
100 |
30.07 |
|
Others |
3,976.40 |
|
69.93 |
|
Grand Total |
5,686.45 |
|
100.00 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 8.00 %
Business News
Term of the day:
SHAREHOLDER EQUITY RATIO:
A ratio used to help determine how much shareholders would receive in the event of a company-wide liquidation. The ratio, expressed as a percentage, is calculated by dividing total shareholders’ equity by total assets of the firm, and it represents the amount of assets on which shareholders have a residual claim. The figures used to calculate the ratio are taken from the company’s balance sheet
SHAREHOLDER EQUITY RATIO =
TOTAL SHAREHOLDERS EQUITY
TOTAL ASSETS