{"id":367,"date":"2009-07-14T15:08:00","date_gmt":"2009-07-14T13:08:00","guid":{"rendered":"http:\/\/opeosho.com\/blog\/nse-analysis-for-14-07-09\/"},"modified":"2009-07-14T15:08:00","modified_gmt":"2009-07-14T13:08:00","slug":"nse-analysis-for-14-07-09","status":"publish","type":"post","link":"https:\/\/opeosho.com\/blog\/nse-analysis-for-14-07-09\/","title":{"rendered":"NSE Analysis for 14-07-09"},"content":{"rendered":"<div align=\"justify\"><b><u>About The Market Today 14\/07\/09<\/u><\/b><\/div>\n<p align=\"justify\">The Nigerian Stock Exchange All share index today dropped by 473.94 to close at 25,514.83.<\/p>\n<p align=\"justify\">Moreover, Market capitalization closed at N5,848.82 billion compared to N5,957.46 in the previous trading.<\/p>\n<p align=\"justify\">Market patronage in terms of <b>Volume<\/b> of shares exchanged by investors dropped by 2.22 million ordinary shares or 0.49 percent when compared with the position in the last trading day. In essence, an aggregate of 447.33 million ordinary shares were traded in 9,116 deals today as against a volume of 449.55 million traded in 9,397 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 N3.50 billion; N0.13 billion or 3.58 percent rise as against N3.63 billion worth of stocks traded in the previous trading day.<\/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\"><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\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"63\">\n<p><b><\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p><b>Today<\/b><\/p>\n<p><b>14\/\/07\/2009<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>Previous day<\/b><\/p>\n<p><b>13\/\/07\/2009<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>%<\/b><\/p>\n<p><b>Change<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"63\">\n<p><b>NSE All-<\/b><\/p>\n<p><b>Share Index<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p><b>25,514.83<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>25,988.77<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-1.82<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"63\">\n<p><b>Total<\/b><\/p>\n<p><b>Deals<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p><b>9,116<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>9,397<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-2.99<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"63\">\n<p><b>Volume<\/b><\/p>\n<p><b>Traded<\/b><\/p>\n<p><b>(M)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p><b>447.33<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>449.55<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-0.49<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"63\">\n<p><b>Value <\/b><\/p>\n<p><b>Traded<\/b><\/p>\n<p><b>(N&#8217;B)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p><b>3.50<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>3.63<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-3.58<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"63\">\n<p><b>Turn<\/b><\/p>\n<p><b>Over<\/b><\/p>\n<p><b>Ratio %<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p><b>0.08<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>0.08<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>0.00% Change Point<\/b><b><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"63\">\n<p><b>Mkt.<\/b><\/p>\n<p><b>Capt.<\/b><\/p>\n<p><b>(N&#8217;B)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"69\">\n<p><b>5,848.82<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>5,957.46<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-1.82<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\"><b>Mobil Plc<\/b> lead the top gainers list again as the stock added N5.17 or 4.62 percent to its share price to close the market at N117.00 from its opening price of N111.83.<b> Guinness <\/b><b>Plc <\/b>came second on the list, having gained N4.95 or 3.81 percent as it opened and closed the day at N130.05 and N135.00 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>MOBIL<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>111.83<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>117.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+5.17<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>4.62 <\/b><\/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>130.05<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>135.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+4.95<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>3.81 <\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"92\">\n<p>GUARANTY<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>13.23<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>13.89<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+0.66<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>4.99 <\/b><\/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>37.62<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>38.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+0.38<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>1.01 <\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"92\">\n<p>INTERCONT<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>7.93<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"69\">\n<p>8.29<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+0.36<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>4.54 <\/b><\/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_image0047.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_thumb7.gif\" width=\"526\" height=\"239\" \/><\/a><\/p>\n<p align=\"justify\">On the losers&#8217; chart, <b>Nestle Plc<\/b> lead the table for the day as the company share price declined by N4.02 or 2.26 percent to close the market at N174.06 per share, from it opening price of N178.08. Followed on the Chart was <b>Julius Berger<\/b> <b>Plc<\/b> that lost N1.52 or 4.97 percent to close the day at N29.04 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>NESTLE<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>178.08<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>174.06<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-4.02<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-2.26<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>JBERGER<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>30.56<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>29.04<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-1.52<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-4.97<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>BCC<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>39.40<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>38.10<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-1.30<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-3.30<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>ETERNAOIL<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>24.09<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>22.89<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-1.20<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-4.98<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>FIRSTBANK<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>22.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>20.90<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-1.10<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p>-5.00<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">Figure 2<\/p>\n<p align=\"justify\"><b>Top 5 Price Losers <\/b><\/p>\n<p align=\"justify\"><a href=\"http:\/\/opeosho.com\/blog\/wp-content\/uploads\/2009\/07\/clip_image0067.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_thumb7.gif\" width=\"541\" 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><u>Trading Activities (Sectors\/Individuals)<\/u><\/b><u><\/u><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\">The <b>Banking<\/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 271.98 million ordinary shares traded to control 60.80 percent of the aggregate volume of shares traded. The <b>Insurance sector<\/b>, with 46.47 million ordinary shares, traded trailed behind the Insurance sector which represents 10.39 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_image0087.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_thumb7.gif\" width=\"540\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b>Spring Bank Plc <\/b>emerges first as the<b> <\/b>most patronized stock for the day. Investors traded 52.72 million ordinary shares to controlled 19.38 percent of the aggregate volume traded in the <b>Banking sector<\/b> and 11.79 percent of the entire market. <b>Zenith Bank Plc <\/b>(40.17 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>SPRINGBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>5.59<\/p>\n<\/td>\n<td width=\"28%\">\n<p>52.72<\/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>13.88<\/p>\n<\/td>\n<td valign=\"top\" width=\"28%\">\n<p>40.17<\/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>20.90<\/p>\n<\/td>\n<td width=\"28%\">\n<p>30.56<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>FIDELITYBK<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>2.96<\/p>\n<\/td>\n<td width=\"28%\">\n<p>17.16<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>GUARANTY<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>13.89<\/p>\n<\/td>\n<td width=\"28%\">\n<p>16.41<\/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_image0107.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_thumb7.gif\" width=\"531\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\">The <b>Banking <\/b>sector was the most active in value traded as the stocks worth N2,598.36 million for a 74.33 percent of the aggregate traded value for the day.<b> <\/b>The <b>Conglomerates <\/b>sector (N191.67 million) followed, representing 5.48 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_image0127.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_thumb7.gif\" width=\"537\" height=\"232\" \/><\/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 N649.76 million today. The figure controlled 25.01 percent of total traded value in the Banking sector and 18.59 percent of the<b> <\/b>overall value traded for the whole market.<b> Zenith Bank Plc<\/b> (N558.76 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>20.90<\/p>\n<\/td>\n<td width=\"68\">\n<p>649.76<\/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>13.88<\/p>\n<\/td>\n<td width=\"68\">\n<p>558.76<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>SPRINGBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>5.59<\/p>\n<\/td>\n<td width=\"68\">\n<p>294.72<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>GUARANTY<\/p>\n<\/td>\n<td width=\"57\">\n<p>13.89<\/p>\n<\/td>\n<td width=\"68\">\n<p>224.78<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>UACN<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>38.00<\/p>\n<\/td>\n<td width=\"68\">\n<p>176.16<\/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_image0148.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_thumb7.gif\" width=\"538\" 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 N519.76 billion today. This was followed by<b> Nigerian Breweries Plc <\/b>with N378.13 billion. <b>Zenith Bank Plc<\/b> N348.63 billion, <b>UBA Plc <\/b>with N267.21 billion and <b>Guaranty Trust Bank Plc<\/b> N262.33 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=\"78\">\n<p><b>Mkt. Capt. <\/b><\/p>\n<p><b>(N&#8217;B)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>% of Top 5<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\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=\"bottom\" width=\"78\">\n<p><b>519.76<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>29.26 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>8.89 <\/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=\"bottom\" width=\"78\">\n<p><b>378.13<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>21.29 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>6.47 <\/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=\"bottom\" width=\"78\">\n<p><b>348.63<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>19.63 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>5.96 <\/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=\"bottom\" width=\"78\">\n<p><b>267.21<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>15.05 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>4.57 <\/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=\"bottom\" width=\"78\">\n<p><b>262.33<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>14.77 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>4.49 <\/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=\"bottom\" width=\"78\">\n<p><b>1,776.06<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>100<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>30.37 <\/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=\"bottom\" width=\"78\">\n<p><b>4,072.76<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b><\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>69.63 <\/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=\"bottom\" width=\"78\">\n<p><b>5,848.82<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b><\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>100.00 <\/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_image0167.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_thumb7.gif\" width=\"539\" 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\"><b><u><\/u><\/b><\/p>\n<p align=\"justify\"><b><u><\/u><\/b><\/p>\n<p align=\"justify\"><b><u><\/u><\/b><\/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>Blue Chip:<\/u><\/b> Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About The Market Today 14\/07\/09 The Nigerian Stock Exchange All share index today dropped by 473.94 to close at 25,514.83. Moreover, Market capitalization closed at N5,848.82 billion compared to N5,957.46 in the previous trading. Market patronage in terms of Volume<\/p>\n<p><a href=\"https:\/\/opeosho.com\/blog\/nse-analysis-for-14-07-09\/\" class=\"awp-btn awp-btn-secondary\">Continue Reading<span class=\"screen-reader-text\">NSE Analysis for 14-07-09<\/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-367","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\/367","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=367"}],"version-history":[{"count":0,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/posts\/367\/revisions"}],"wp:attachment":[{"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/media?parent=367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/categories?post=367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/tags?post=367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}