Nse Anaysis for 29-06-09
by Ope on June 29th, 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 26,249.28 rise from the opening value of 25,813.55
Also the Nigerian Stock Exchange (NSE) capitalization which measures the value of equities closed at N5,986.34 billion indicating a rise of N1.69 billion today.
Market patronage in terms of Volume of shares exchanged by investors rose by 116.33 million ordinary shares or 36.07 percent when compared with the position in the last trading day. In essence, an aggregate of 438.80 million ordinary shares were traded in 8,360 deals today as against a volume of 322.47 million traded in 7,068 deals in the previous transaction.
Turnover by value was on the downswing as it closed at N3.4.0 billion; N0.51 billion or 13.04 percent drop as against N3.91 billion worth of stocks traded last week.
Table 1
Market Statistics
|
|
Today 29/06/2009 |
Previous day 26/06/2009 |
% Change |
|
NSE All-Share Index |
26,249.28 |
25,813.55 |
1.69 |
|
Total Deals |
8,360 |
7,068 |
18.28 |
|
Volume Traded (M) |
438.80 |
322.47 |
36.07 |
|
Value Traded (N’B) |
3.40 |
3.91 |
-13.04 |
|
Turn Over Ratio % |
0.07 |
0.05 |
40.00% Change Point |
|
Mkt. Capt. (N’B) |
5,986.34 |
5,886.96 |
1.69 |
Total Plc lead the top gainers list as the stock added N6.95 or 4.11 percent to its share price to close the market at N176.00 from its opening price of N169.05. African Petroleum Plc came second on the list, having gained N4.98 or 4.99 percent as it opened and closed the day at N99.79 and N104.77 respectively.
Table 2
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% rise |
|
TOTAL |
169.05 |
176.00 |
+6.95 |
4.11 |
|
AP |
99.79 |
104.77 |
+4.98 |
4.99 |
|
GUINNESS |
125.00 |
127.55 |
+2.55 |
2.04 |
|
OANDO |
85.65 |
88.05 |
+2.40 |
2.80 |
|
BCC |
43.00 |
44.80 |
+1.80 |
4.19 |
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 N6.00 or 3.17 percent to close the market at N183.00 per share, from it opening price of N189.00. Followed on the Chart was Julius Berger Plc that lost N1.31 or 4.46 percent to close the day at N28.03 per share.
Table 3
|
Stock |
Opening Price (N:K) |
Closing Price (N:K) |
Absolute Change (N:K) |
% drop |
|
NESTLE |
189.00 |
183.00 |
-6.00 |
-3.17 |
|
JBERGER |
29.34 |
28.03 |
-1.31 |
-4.46 |
|
NB |
50.00 |
48.70 |
-1.30 |
-2.60 |
|
INTERCONT |
10.07 |
9.57 |
-0.50 |
-4.97 |
|
NAHCO |
9.50 |
9.03 |
-0.47 |
-4.95 |
Figure 2
Top 5 Price Losers
Trading Activities (Sectors/Individuals)
The Bank sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 256.56 million ordinary shares traded to control 58.47 percent of the aggregate volume of shares traded. The Insurance sector, with 72.86 million ordinary shares, traded trailed behind the Insurance sector which represents 16.60 percent of the total volume traded.
Figure 3
Zenith Bank Plc emerges first as the most patronized stock for the day. Investors traded 70.55 million ordinary shares to controlled 27.50 percent of the aggregate volume traded in the Banking sector and 16.07 percent of the entire market. Big Treat Plc (21.71 million ordinary shares) emerged second position on the list.
Table 4
5 Most Traded Stocks by Volume
|
Stock |
Price (N: K) |
Volume (M) |
|
ZENITHBANNK |
13.64 |
70.55 |
|
BIGTREAT |
2.40 |
21.71 |
|
SPRINGBANK |
5.59 |
21.50 |
|
PLATINUM |
6.10 |
19.91 |
|
UBN |
17.07 |
19.75 |
Figure 4
5 Most traded Stocks by Volume
The Banking sector was the most active in value traded as the stocks worth N2,502.78 million for a 73 percent of the aggregate traded value for the day. The Food/Beverages & Tobacco sector (N168.11 million) followed, representing 5.00 percent of the overall value traded.
Figure5
Analysis on individual company basis showed that Zenith Bank Plc led the highest trading by value at N929.50 million today. The figure controlled 37.14 percent of total traded value in the Banking sector and 27.30 percent of the overall value traded for the whole market. Union Bank Plc (N336.29 million) was the second highest.
Table 5
5 Most Traded Stocks by Value
|
Stock |
Price (N:K) |
Value (N’M) |
|
ZENITHBANK |
13.64 |
929.50 |
|
UBN |
17.07 |
336.29 |
|
GUARANTY |
13.35 |
177.38 |
|
FIRSTBANK |
20.98 |
168.81 |
|
ETI |
13.80 |
144.12 |
Figure 6
5 Most Traded Stocks by Value
Market Capitalization:
First Bank of Nigeria Plc is the highest capitalized stock at N518.74 billion today. This was followed by Nigerian Breweries Plc with N368.30 billion. Zenith bank Plc N342.60 billion, UBA Plc with N278.20 billion and Guaranty Trust Bank Plc N252.13 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 |
518.74 |
29.47 |
8.81 |
|
NB |
368.30 |
20.93 |
6.26 |
|
ZENITHBANK |
342.60 |
19.47 |
5.82 |
|
UBA |
278.20 |
15.81 |
4.73 |
|
GUARANTY |
252.13 |
14.33 |
4.28 |
|
Total |
1,759.97 |
100.00 |
29.90 |
|
Others |
4,126.99 |
|
70.10 |
|
Grand Total |
5,986.34 |
|
100 |
Figure 7
5 Most Capitalized Stocks
Monetary Policy Rate: 8.00 %
Business News
Term of the day
Green Investing
Investment activities that focus on companies or projects that are committed to the conservation of natural resources, the production and discovery of alternative energy sources, the implementation of clean air and water projects, and/or other environmentally conscious business practices. Pure play green investments are those that derive all or most of their revenues and profits from green activities. Green investments can also be made in companies that have other lines of business but are focusing on green-based initiatives or product lines.
Green investing can be accomplished through individual securities or through pooled investment vehicles such as mutual funds or exchange-traded funds. This style of investing is an offshoot of socially conscious investing, but neither type of investing implies investments that are safer than a market index such as the S&P 500. In fact, investing in "green" companies can be riskier than other equity strategies, as many companies in this arena are in the development stage, with low revenues and high earnings valuations.