{"id":427,"date":"2009-07-20T11:13:00","date_gmt":"2009-07-20T09:13:00","guid":{"rendered":"http:\/\/opeosho.com\/blog\/nigeria-stock-exchange-analysis-for-20-07-09\/"},"modified":"2009-07-20T11:13:00","modified_gmt":"2009-07-20T09:13:00","slug":"nigeria-stock-exchange-analysis-for-20-07-09","status":"publish","type":"post","link":"https:\/\/opeosho.com\/blog\/nigeria-stock-exchange-analysis-for-20-07-09\/","title":{"rendered":"Nigeria Stock Exchange Analysis for 20-07-09"},"content":{"rendered":"<p align=\"justify\"><b><u>About The Market Today 20\/07\/09<\/u><\/b><\/p>\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 23,110.03 down from the opening value of 23,656.42<\/p>\n<p align=\"justify\">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.<\/p>\n<p align=\"justify\">Market patronage in terms of <b>Volume<\/b> 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. <\/p>\n<p align=\"justify\">Turnover by value was on the downswing like volume as it closed<b> <\/b>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.<\/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>20\/07\/2009<\/b><b><\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>Previous day<\/b><\/p>\n<p><b>17\/\/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>23,110.03<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>23,656.42<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-2.31<\/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>5,495<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>9,390<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-41.48<\/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>238.63<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>440.02<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-45.77<\/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>1.90<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>3.07<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-38.11<\/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>0.05<\/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>-37.50% 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>5,297.56<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"72\">\n<p><b>5,422.81<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"60\">\n<p><b>-2.31<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\"><b>WAPCO Plc<\/b> 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.<b> UACN <\/b><b>Plc <\/b>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. <\/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=\"104\">\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=\"47\">\n<p>% rise<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"104\">\n<p>WAPCO<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>25.50<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>26.68<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+1.18<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>4.63<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"104\">\n<p>UACN<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>36.40<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>37.52<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+1.12<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>3.08<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"104\">\n<p>PZ<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>19.45<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>20.41<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+0.96<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>4.94<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"104\">\n<p>DANGSUGAR<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>13.99<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>14.66<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+0.67<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>4.79<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"104\">\n<p>NB<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>52.35<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>53.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>+0.65<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"47\">\n<p><b>1.24<\/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_image00411.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_thumb11.gif\" width=\"526\" height=\"231\" \/><\/a><\/p>\n<p align=\"justify\">On the losers&#8217; chart, <b>AP Plc<\/b> 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 <b>Oando<\/b> <b>Plc<\/b> that lost N2.35 or 2.62 percent to close the day at N87.51 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>80.78<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>76.75<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-4.03<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p><b>-4.99<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>OANDO<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>89.86<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>87.51<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-2.35<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p><b>-2.62<\/b><\/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>34.44<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>32.72<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-1.72<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p><b>-4.99<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>GUINNESS<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>131.05<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>130.00<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-1.05<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p><b>-0.80<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"128\">\n<p>FLOURMILL<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>19.63<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>18.65<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"57\">\n<p>-0.98<\/p>\n<\/td>\n<td valign=\"bottom\" width=\"56\">\n<p><b>-4.99<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">Figure 2<\/p>\n<p align=\"justify\"><b><\/b><\/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_image00611.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_thumb11.gif\" width=\"538\" 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 125.60 million ordinary shares traded to control 52.63 percent of the aggregate volume of shares traded. The <b>Insurance sector<\/b>, with 71.10 million ordinary shares, traded trailed behind the Insurance sector which represents 29.80 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_image00811.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_thumb11.gif\" width=\"535\" height=\"227\" \/><\/a><\/p>\n<p align=\"justify\"><b><\/b><\/p>\n<p align=\"justify\"><b>Zenith Bank Plc <\/b>emerges first as the<b> <\/b>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 <b>Banking sector<\/b> and 19.85 percent of the entire market. <b>Investment and Allied Assurance Plc <\/b>(28.64 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>ZENITHBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>11.48<\/p>\n<\/td>\n<td width=\"28%\">\n<p>47.37<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>IAINSURE<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>0.50<\/p>\n<\/td>\n<td valign=\"top\" width=\"28%\">\n<p>28.64<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>ACCESS<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>5.77<\/p>\n<\/td>\n<td width=\"28%\">\n<p>13.79<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"45%\">\n<p>AIICO<\/p>\n<\/td>\n<td valign=\"top\" width=\"25%\">\n<p>0.93<\/p>\n<\/td>\n<td width=\"28%\">\n<p>12.83<\/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>13.00<\/p>\n<\/td>\n<td width=\"28%\">\n<p>11.42<\/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_image01011.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_thumb11.gif\" width=\"535\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\">The <b>Banking <\/b>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.<b> <\/b>The <b>Breweries <\/b>sector (N334.72 million) followed, representing 17.57 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_image01211.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_thumb11.gif\" width=\"539\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\">Analysis on individual company basis showed that <b>Zenith Bank Plc <\/b>led<b> <\/b>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<b> <\/b>overall value traded for the whole market.<b> Nigeria Breweries Plc<\/b> (N207.67 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>ZENITHBANK<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>11.48<\/p>\n<\/td>\n<td width=\"68\">\n<p>543.96<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>NB<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>53.00<\/p>\n<\/td>\n<td width=\"68\">\n<p>207.67<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>GUARANTY<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>13.00<\/p>\n<\/td>\n<td width=\"68\">\n<p>149.16<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>GUINNESS<\/p>\n<\/td>\n<td width=\"57\">\n<p>130.00<\/p>\n<\/td>\n<td width=\"68\">\n<p>123.98<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"116\">\n<p>OANDO<\/p>\n<\/td>\n<td valign=\"top\" width=\"57\">\n<p>87.51<\/p>\n<\/td>\n<td width=\"68\">\n<p>92.17<\/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_image01412.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_thumb11.gif\" width=\"537\" height=\"240\" \/><\/a><\/p>\n<p align=\"justify\"><b>Market Capitalization<\/b>:<\/p>\n<p align=\"justify\"><b>Nigeria Breweries Plc<\/b> is the highest capitalized stock at N400.82billion today. This was followed by<b> First Bank of Nigeria Plc <\/b>with N372.36 billion. <b>Zenith Bank Plc<\/b> N288.35 billion, <b>Guaranty Plc <\/b>with N245.52 billion and <b>UBA Bank Plc<\/b> N218.72 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>NB<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"78\">\n<p><b>400.82<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>24.91 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>7.57 <\/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>372.36<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>24.40 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>7.03 <\/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>288.35<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>18.90 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>5.44 <\/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>245.52<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>16.09 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>4.63 <\/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>218.72<\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>14.34 <\/b><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"60\">\n<p><b>4.13 <\/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>1,525.77<\/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>28.80 <\/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>3,771.79<\/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>71.20 <\/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>5,297.56<\/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_image01611.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_thumb11.gif\" width=\"539\" height=\"217\" \/><\/a><\/p>\n<p align=\"justify\">Monetary Policy Rate: 6.00 %<\/p>\n<p align=\"justify\"><u><\/u><\/p>\n<p align=\"justify\"><u>Business News<\/u><\/p>\n<p align=\"justify\">No news<\/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>LOAN DOWN: <\/u><\/b><\/p>\n<p align=\"justify\">A specified period when an employee of a public company is barred from selling &#8211; and occasionally buying &#8211; his or her company&#8217;s stock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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)<\/p>\n<p><a href=\"https:\/\/opeosho.com\/blog\/nigeria-stock-exchange-analysis-for-20-07-09\/\" class=\"awp-btn awp-btn-secondary\">Continue Reading<span class=\"screen-reader-text\">Nigeria Stock Exchange Analysis for 20-07-09<\/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-427","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\/427","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=427"}],"version-history":[{"count":0,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/posts\/427\/revisions"}],"wp:attachment":[{"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/media?parent=427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/categories?post=427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/tags?post=427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}