{"id":255,"date":"2009-07-01T23:37:17","date_gmt":"2009-07-01T21:37:17","guid":{"rendered":"http:\/\/opeosho.com\/blog\/stock-market-analysis-for-1st-july-2009\/"},"modified":"2009-07-01T23:37:17","modified_gmt":"2009-07-01T21:37:17","slug":"stock-market-analysis-for-1st-july-2009","status":"publish","type":"post","link":"https:\/\/opeosho.com\/blog\/stock-market-analysis-for-1st-july-2009\/","title":{"rendered":"Stock Market Analysis for 1st July 2009"},"content":{"rendered":"<div align=\"justify\"><b><u>About The Market Today 01\/07\/09<\/u><\/b><\/div>\n<p align=\"justify\">The Nigerian Stock Exchange (NSE) all share index which is the major barometer for the performance of the market, closed at 27,217.59 rise from the opening value of 26,861.55<\/p>\n<p align=\"justify\">Also the Nigerian Stock Exchange (NSE) capitalization which measures the value of equities closed at N6,207.17 billion indicating a rise of N81.20 billion today.<\/p>\n<p align=\"justify\">Market patronage in terms of <b>Volume<\/b> of shares exchanged by investors dropped by 127.65 million ordinary shares or 23.25 percent when compared with the position in the last trading day. In essence, an aggregate of 421.40 million ordinary shares were traded in 9,620 deals today as against a volume of 549.05 million traded in 10,595 deals in the previous transaction. <\/p>\n<p align=\"justify\">Turnover by value was on the downswing like volume as it closed<b> <\/b>at N4.06 billion; N0.05 billion or 1.22 percent dropped as against N4.11 billion worth of stocks traded yesterday.<\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\">Table 1<\/p>\n<p align=\"justify\"><b><u>Market Statistics<\/u><\/b><\/p>\n<p align=\"justify\">\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\" width=\"449\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"139\">\n<p><b><\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"73\">\n<p><b>Today<\/b><\/p>\n<p><b>01\/07\/2009<\/b><b><\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"70\">\n<p><b>Previous day<\/b><\/p>\n<p><b>30\/06\/2009<\/b><b><\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"165\">\n<p><b>%<\/b><\/p>\n<p><b>Change<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"139\">\n<p><b>NSE All-<\/b><b>Share Index<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"73\">\n<p><b>27,217.59<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"70\">\n<p><b>26,861.55<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"165\">\n<p><b>1.33<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"139\">\n<p><b>Total <\/b><b>Deals<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"73\">\n<p><b>9,620<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"70\">\n<p><b>10,595<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"165\">\n<p><b>-9.20<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"139\">\n<p><b>Volume <\/b><b>Traded <\/b><b>(M)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"73\">\n<p><b>421.40<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"70\">\n<p><b>549.05<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"165\">\n<p><b>-23.25<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"139\">\n<p><b>Value <\/b><b>Traded <\/b><b>(N&#8217;B)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"73\">\n<p><b>4.06<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"70\">\n<p><b>4.11<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"165\">\n<p><b>-1.22<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"139\">\n<p><b>Turn <\/b><b>Over <\/b><b>Ratio %<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"73\">\n<p><b>0.07<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"70\">\n<p><b>0.08<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"165\">\n<p><b>-12.50% Change Point<\/b><b><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"139\">\n<p><b>Mkt. <\/b><b>Capt. <\/b><b>(N&#8217;B)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"73\">\n<p><b>6,207.17<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"70\">\n<p><b>6,125.97<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"165\">\n<p><b>1.33<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b>Nestle Plc<\/b> lead the top gainers list again as the stock added N9.01 or 4.74 percent to its share price to close the market at N199.00 from its opening price of N189.99.<b> Guinness <\/b><b>Plc <\/b>came second on the list, having gained N6.45 or 5.00 percent as it opened and closed the day at N129.00 and N135.45 respectively. <\/p>\n<p align=\"justify\">Table 2<\/p>\n<p align=\"justify\">\n<table border=\"1\" cellspacing=\"3\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"92\">\n<p>Stock<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>Opening <\/p>\n<p>Price<\/p>\n<p>(N:K)<\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p>Closing<\/p>\n<p>Price<\/p>\n<p>(N:K)<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>Absolute Change<\/p>\n<p>(N:K) <\/p>\n<\/td>\n<td valign=\"top\" width=\"47\">\n<p>% rise<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"92\">\n<p>NESTLE<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>189.99<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>199.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+9.01<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p>4.74 <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"92\">\n<p>GUINNESS<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>129.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>135.45<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+6.45<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p>5.00 <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"92\">\n<p>BCC<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>43.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>44.96<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+1.96<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p>4.56 <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"92\">\n<p>UACN<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>36.51<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>38.33<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+1.82<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p>4.98 <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"92\">\n<p>JBERGER<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>29.43<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>30.90<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+1.47<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p>4.99 <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">Figure 1<\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b>Top 5 Price Gainers<\/b><\/p>\n<p align=\"justify\">2<a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image004.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"clip_image004\" border=\"0\" alt=\"clip_image004\" src=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image004_thumb.gif\" width=\"540\" height=\"239\" \/><\/a><\/p>\n<p align=\"justify\">On the losers&#8217; chart, <b>Total Plc<\/b> lead the table for the day as the company share price declined by N3.75 or 2.13 percent to close the market at N172.25 per share, from it opening price of N176.00. Followed on the Chart was <b>Conoil<\/b> <b>Plc<\/b> that lost N3.07 or 4.99 percent to close the day at N58.43 per share.<\/p>\n<p align=\"justify\">Table 3<\/p>\n<p align=\"justify\">\n<table border=\"1\" cellspacing=\"3\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"128\">\n<p>Stock<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>Opening <\/p>\n<p>Price<\/p>\n<p>(N:K)<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>Closing<\/p>\n<p>Price<\/p>\n<p>(N:K)<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>Absolute Change<\/p>\n<p>(N:K)<\/p>\n<\/td>\n<td valign=\"top\" width=\"56\">\n<p>% drop<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>AP<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>110.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>104.50<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-5.50<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-5.00<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>TOTAL<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>176.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>175.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-1.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-0.57<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>ACCESS<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>9.05<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>8.35<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-0.70<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-7.73<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>INTERCONT<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>9.10<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>8.65<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-0.45<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-4.95<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>UNILEVER<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>13.77<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>13.51<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-0.26<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-1.89<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">Figure 2<\/p>\n<p align=\"justify\">Top 5 Price Losers <\/p>\n<p align=\"justify\"><a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image006.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"clip_image006\" border=\"0\" alt=\"clip_image006\" src=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image006_thumb.gif\" width=\"542\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b><u>Trading Activities (Sectors\/Individuals)<\/u><\/b><u><\/u><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\">The <b>Bank<\/b> <b>sector<\/b> emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 282.12 million ordinary shares traded to control 66.95 percent of the aggregate volume of shares traded. The <b>Insurance sector<\/b>, with 67.43 million ordinary shares, traded trailed behind the Insurance sector which represents 16.00 percent of the total volume traded. <\/p>\n<p align=\"justify\">Figure 3<\/p>\n<p align=\"justify\"><a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image008.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"clip_image008\" border=\"0\" alt=\"clip_image008\" src=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image008_thumb.gif\" width=\"534\" height=\"225\" \/><\/a><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b>United Bank for Africa (UBA) Plc <\/b>emerges first as the<b> <\/b>most patronized stock for the day. Investors traded 63.41 million ordinary shares to controlled 22.48 percent of the aggregate volume traded in the <b>Banking sector<\/b> and 15.04 percent of the entire market. <b>First Bank Plc <\/b>(47.15 million ordinary shares) emerged second position on the list.<\/p>\n<p align=\"justify\">Table 4<\/p>\n<p align=\"justify\">5 Most Traded Stocks by Volume<\/p>\n<p align=\"justify\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"45%\">\n<p>Stock<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>Price <\/p>\n<p>(N: K)<\/p>\n<\/td>\n<td valign=\"top\" width=\"28%\">\n<p>Volume<\/p>\n<p>(M)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>UBA<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>14.22<\/p>\n<\/td>\n<td width=\"28%\">\n<p>63.41<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>FIRSTBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>22.50<\/p>\n<\/td>\n<td valign=\"top\" width=\"28%\">\n<p>47.15<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>ZENITHBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>15.00<\/p>\n<\/td>\n<td width=\"28%\">\n<p>27.17<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>SKYEBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>7.07<\/p>\n<\/td>\n<td width=\"28%\">\n<p>18.74<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>FIRSTINLND<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>2.80<\/p>\n<\/td>\n<td width=\"28%\">\n<p>17.59<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">Figure 4<\/p>\n<p align=\"justify\">5 Most traded Stocks by Volume<\/p>\n<p align=\"justify\"><a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image010.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"clip_image010\" border=\"0\" alt=\"clip_image010\" src=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image010_thumb.gif\" width=\"533\" height=\"203\" \/><\/a><\/p>\n<p align=\"justify\">The <b>Banking <\/b>sector was the most active in value traded as the stocks worth N3,441.16 million for a 84.81 percent of the aggregate traded value for the day.<b> <\/b>The <b>Building <\/b>sector (N140.09 million) followed, representing 3.45 percent of the overall value traded.<\/p>\n<p align=\"justify\">Figure5<\/p>\n<p align=\"justify\"><a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image012.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"clip_image012\" border=\"0\" alt=\"clip_image012\" src=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image012_thumb.gif\" width=\"536\" height=\"223\" \/><\/a><\/p>\n<p align=\"justify\">Analysis on individual company basis showed that <b>First Bank Plc <\/b>led<b> <\/b>the highest trading by value at N1,069.64 million today. The figure controlled 31.08 percent of total traded value in the Banking sector and 26.36 percent of the<b> <\/b>overall value traded for the whole market.<b> United Bank for Africa Plc<\/b> (N897.70 million) was the second highest.<\/p>\n<p align=\"justify\">Table 5<\/p>\n<p align=\"justify\">5 Most Traded Stocks by Value<\/p>\n<p align=\"justify\">\n<table border=\"1\" cellspacing=\"3\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"116\">\n<p>Stock<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>Price<\/p>\n<p>(N:K)<\/p>\n<\/td>\n<td valign=\"top\" width=\"68\">\n<p>Value<\/p>\n<p>(N&#8217;M)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>FIRSTBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>22.50<\/p>\n<\/td>\n<td width=\"68\">\n<p>1,069.64<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>UBA<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>14.22<\/p>\n<\/td>\n<td width=\"68\">\n<p>897.70<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>ZENITHBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>15.00<\/p>\n<\/td>\n<td width=\"68\">\n<p>406.26<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>GUARANTY<\/p>\n<\/td>\n<td width=\"57\">\n<p>14.00<\/p>\n<\/td>\n<td width=\"68\">\n<p>242.25<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>SKYEBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>7.07<\/p>\n<\/td>\n<td width=\"68\">\n<p>131.36<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">Figure 6<\/p>\n<p align=\"justify\">5 Most Traded Stocks by Value<\/p>\n<p align=\"justify\"><a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image014.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"clip_image014\" border=\"0\" alt=\"clip_image014\" src=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image014_thumb.gif\" width=\"541\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\"><b>Market Capitalization<\/b>:<\/p>\n<p align=\"justify\"><b>First Bank of Nigeria Plc<\/b> is the highest capitalized stock at N556.32 billion today. This was followed by<b> Zenith Bank Plc <\/b>with N376.76 billion. <b>Nigerian Breweries Plc<\/b> N374.35 billion, <b>UBA Plc <\/b>with N306.43 billion and <b>Guaranty Trust Bank Plc<\/b> N264.41 billion to maintained the third, fourth and fifth positions respectively.<\/p>\n<p align=\"justify\">Table 6<\/p>\n<p align=\"justify\">5 Most Capitalized Stocks<\/p>\n<p align=\"justify\">\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>Stock<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>Mkt. Capt. <\/b><\/p>\n<p><b>(N&#8217;B)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"52\">\n<p><b>% of Top 5<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>% of Total<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>FIRSTBANK<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>556.32<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"52\">\n<p><b>29.62<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>8.96<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>ZENITHBANK<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>376.76<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"52\">\n<p><b>20.06<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>6.07<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>NB<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>374.35<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"52\">\n<p><b>19.93<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>6.03<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>UBA<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>306.43<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"52\">\n<p><b>16.31<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>4.94<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>GUARANTY<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>264.41<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"52\">\n<p><b>14.08<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>4.26<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>Total<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>1,878.27<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"52\">\n<p><b>100.00<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>30.26<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>Others<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>4,328.90<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"52\">\n<p><b><\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>69.74<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"114\">\n<p><b>Grand Total<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"63\">\n<p><b>6,207.17<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"52\">\n<p><b><\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"48\">\n<p><b>100<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">Figure 7<\/p>\n<p align=\"justify\">5 Most Capitalized Stocks<\/p>\n<p align=\"justify\"><a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image016.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"clip_image016\" border=\"0\" alt=\"clip_image016\" src=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image016_thumb.gif\" width=\"542\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\">Monetary Policy Rate: 8.00 %<\/p>\n<p align=\"justify\"><u><\/u><\/p>\n<p align=\"justify\"><u>Business News<\/u><\/p>\n<p align=\"justify\"><u><\/u><\/p>\n<p align=\"justify\"><b><u>Term of the day<\/u><\/b><\/p>\n<p align=\"justify\"><b><u><\/u><\/b><\/p>\n<p align=\"justify\"><b><u>FOCUS LIST:<\/u><\/b><\/p>\n<p align=\"justify\">In essence, a focus list is a virtual portfolio that research departments use to battle it out against other firms for bragging rights in stock picking. Focus lists are also great marketing tools. Much like with mutual funds, you&#8217;ll often hear about the lists with strong performance (like portfolios that outperform a specific index), but never about those that had a bad year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About The Market Today 01\/07\/09 The Nigerian Stock Exchange (NSE) all share index which is the major barometer for the performance of the market, closed at 27,217.59 rise from the opening value of 26,861.55 Also the Nigerian Stock Exchange (NSE)<\/p>\n<p><a href=\"https:\/\/opeosho.com\/blog\/stock-market-analysis-for-1st-july-2009\/\" class=\"awp-btn awp-btn-secondary\">Continue Reading<span class=\"screen-reader-text\">Stock Market Analysis for 1st July 2009<\/span><i class=\"fa fa-arrow-right\"><\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,6],"tags":[],"class_list":["post-255","post","type-post","status-publish","format-standard","hentry","category-capital-market","category-make-money"],"_links":{"self":[{"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/posts\/255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":0,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"wp:attachment":[{"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}