{"id":442,"date":"2009-07-21T09:38:00","date_gmt":"2009-07-21T07:38:00","guid":{"rendered":"http:\/\/opeosho.com\/blog\/nse-market-analysis-for-21-07-09\/"},"modified":"2009-07-21T09:38:00","modified_gmt":"2009-07-21T07:38:00","slug":"nse-market-analysis-for-21-07-09","status":"publish","type":"post","link":"https:\/\/opeosho.com\/blog\/nse-market-analysis-for-21-07-09\/","title":{"rendered":"NSE Market Analysis for 21-07-09"},"content":{"rendered":"
About The Market Today 21\/07\/09<\/u><\/b><\/div>\n

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.<\/p>\n

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.<\/p>\n

Market patronage in terms of Volume<\/b> 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. <\/p>\n

Turnover by value was on the upswing like volume as it closed <\/b>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.<\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

Table 1<\/p>\n

Market Statistics<\/u><\/b><\/p>\n

\n\n\n\n\n\n\n\n\n\n
\n

<\/b><\/p>\n<\/td>\n

\n

Today<\/b><\/p>\n

21\/07\/2009<\/b><\/b><\/p>\n<\/td>\n

\n

Previous day<\/b><\/p>\n

20\/07\/2009<\/b><\/b><\/p>\n<\/td>\n

\n

%<\/b><\/p>\n

Change<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

NSE All-<\/b>Share Index<\/b><\/p>\n<\/td>\n

\n

22,664.29<\/b><\/p>\n<\/td>\n

\n

23,110.03<\/b><\/p>\n<\/td>\n

\n

-1.93<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Total <\/b>Deals<\/b><\/p>\n<\/td>\n

\n

6,697<\/b><\/p>\n<\/td>\n

\n

5,495<\/b><\/p>\n<\/td>\n

\n

21.87<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Volume <\/b>Traded <\/b>(M)<\/b><\/p>\n<\/td>\n

\n

305.85<\/b><\/p>\n<\/td>\n

\n

238.63<\/b><\/p>\n<\/td>\n

\n

28.17<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Value <\/b>Traded <\/b>(N’B)<\/b><\/p>\n<\/td>\n

\n

2.29<\/b><\/p>\n<\/td>\n

\n

1.90<\/b><\/p>\n<\/td>\n

\n

20.53<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Turn <\/b>Over <\/b>Ratio %<\/b><\/p>\n<\/td>\n

\n

0.06<\/b><\/p>\n<\/td>\n

\n

0.05<\/b><\/p>\n<\/td>\n

\n

20.00% Change Point<\/b><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Mkt. <\/b>Capt. <\/b>(N’B)<\/b><\/p>\n<\/td>\n

\n

5,195.38<\/b><\/p>\n<\/td>\n

\n

5,297.56<\/b><\/p>\n<\/td>\n

\n

-1.93<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

UACN Plc<\/b> 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 <\/b>Plc <\/b>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. <\/p>\n

Table 2<\/p>\n

\n\n\n\n\n\n\n\n\n
\n

Stock<\/p>\n<\/td>\n

\n

Opening <\/p>\n

Price<\/p>\n

(N:K)<\/p>\n<\/td>\n

\n

Closing<\/p>\n

Price<\/p>\n

(N:K)<\/p>\n<\/td>\n

\n

Absolute Change<\/p>\n

(N:K) <\/p>\n<\/td>\n

\n

% rise<\/p>\n<\/td>\n<\/tr>\n

\n

UACN<\/p>\n<\/td>\n

\n

37.52<\/p>\n<\/td>\n

\n

38.19<\/p>\n<\/td>\n

\n

+0.67<\/p>\n<\/td>\n

\n

1.79<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

UNILEVER<\/p>\n<\/td>\n

\n

10.85<\/p>\n<\/td>\n

\n

11.39<\/p>\n<\/td>\n

\n

+0.54<\/p>\n<\/td>\n

\n

4.98<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

GUINNESS<\/p>\n<\/td>\n

\n

130.00<\/p>\n<\/td>\n

\n

130.50<\/p>\n<\/td>\n

\n

+0.50<\/p>\n<\/td>\n

\n

0.38<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

NAHCO<\/p>\n<\/td>\n

\n

7.22<\/p>\n<\/td>\n

\n

7.58<\/p>\n<\/td>\n

\n

+0.36<\/p>\n<\/td>\n

\n

4.99<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

UBA<\/p>\n<\/td>\n

\n

10.15<\/p>\n<\/td>\n

\n

10.50<\/p>\n<\/td>\n

\n

+0.35<\/p>\n<\/td>\n

\n

3.45<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Figure 1<\/p>\n

<\/b><\/p>\n

Top 5 Price Gainers<\/b><\/p>\n

2\"clip_image004\"<\/a><\/p>\n

On the losers’ chart, SKYESHELT Plc<\/b> 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<\/b> Plc<\/b> that lost N1.81 or 2.07 percent to close the day at N85.70 per share.<\/p>\n

Table 3<\/p>\n

\n\n\n\n\n\n\n\n\n
\n

Stock<\/p>\n<\/td>\n

\n

Opening <\/p>\n

Price<\/p>\n

(N:K)<\/p>\n<\/td>\n

\n

Closing<\/p>\n

Price<\/p>\n

(N:K)<\/p>\n<\/td>\n

\n

Absolute Change<\/p>\n

(N:K)<\/p>\n<\/td>\n

\n

% drop<\/p>\n<\/td>\n<\/tr>\n

\n

SKYESHELT<\/p>\n<\/td>\n

\n

105.46<\/p>\n<\/td>\n

\n

100.19<\/p>\n<\/td>\n

\n

-5.27<\/p>\n<\/td>\n

\n

-5.00<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

OANDO<\/p>\n<\/td>\n

\n

87.51<\/p>\n<\/td>\n

\n

85.70<\/p>\n<\/td>\n

\n

-1.81<\/p>\n<\/td>\n

\n

-2.07<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

WAPCO<\/p>\n<\/td>\n

\n

26.68<\/p>\n<\/td>\n

\n

25.36<\/p>\n<\/td>\n

\n

-1.32<\/p>\n<\/td>\n

\n

-4.95<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

ETERNAOIL<\/p>\n<\/td>\n

\n

21.75<\/p>\n<\/td>\n

\n

20.67<\/p>\n<\/td>\n

\n

-1.08<\/p>\n<\/td>\n

\n

-4.97<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

UAC-PROP<\/p>\n<\/td>\n

\n

16.91<\/p>\n<\/td>\n

\n

16.07<\/p>\n<\/td>\n

\n

-0.84<\/p>\n<\/td>\n

\n

-4.97<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Figure 2<\/p>\n

<\/b><\/p>\n

Top 5 Price Losers <\/b><\/p>\n

\"clip_image006\"<\/a><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

Trading Activities (Sectors\/Individuals)<\/u><\/b><\/u><\/p>\n

<\/b><\/p>\n

The Banking<\/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 161.25 million ordinary shares traded to control 52.72 percent of the aggregate volume of shares traded. The Insurance sector<\/b>, with 58.07 million ordinary shares, traded trailed behind the Insurance sector which represents 18.99 percent of the total volume traded. <\/p>\n

Figure 3<\/p>\n

\"clip_image008\"<\/a><\/p>\n

<\/b><\/p>\n

Zenith Bank Plc <\/b>emerges first as the <\/b>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<\/b> and 14.94 percent of the entire market. United Bank for Africa Plc <\/b>(26.78 million ordinary shares) emerged second position on the list.<\/p>\n

Table 4<\/p>\n

5 Most Traded Stocks by Volume<\/p>\n

\n\n\n\n\n\n\n\n\n
\n

Stock<\/p>\n<\/td>\n

\n

Price <\/p>\n

(N: K)<\/p>\n<\/td>\n

\n

Volume<\/p>\n

(M)<\/p>\n<\/td>\n<\/tr>\n

\n

ZENITHBANK<\/p>\n<\/td>\n

\n

10.91<\/p>\n<\/td>\n

\n

45.69<\/p>\n<\/td>\n<\/tr>\n

\n

UBA<\/p>\n<\/td>\n

\n

10.50<\/p>\n<\/td>\n

\n

26.78<\/p>\n<\/td>\n<\/tr>\n

\n

GUARANTY<\/p>\n<\/td>\n

\n

13.31<\/p>\n<\/td>\n

\n

24.77<\/p>\n<\/td>\n<\/tr>\n

\n

IAINSURE<\/p>\n<\/td>\n

\n

0.50<\/p>\n<\/td>\n

\n

18.27<\/p>\n<\/td>\n<\/tr>\n

\n

DANGSUGAR<\/p>\n<\/td>\n

\n

13.94<\/p>\n<\/td>\n

\n

13.61<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Figure 4<\/p>\n

5 Most traded Stocks by Volume<\/p>\n

\"clip_image010\"<\/a><\/p>\n

The Banking <\/b>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. <\/b>The Breweries <\/b>sector (N250.63 million) followed, representing 17.57 percent of the overall value traded.<\/p>\n

Figure5<\/p>\n

\"clip_image012\"<\/a><\/p>\n

Analysis on individual company basis showed that Zenith Bank Plc <\/b>led <\/b>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 <\/b>overall value traded for the whole market. Guaranty Trust Bank Plc<\/b> (N331.01 million) was the second highest.<\/p>\n

Table 5<\/p>\n

5 Most Traded Stocks by Value<\/p>\n

\n\n\n\n\n\n\n\n\n
\n

Stock<\/p>\n<\/td>\n

\n

Price<\/p>\n

(N:K)<\/p>\n<\/td>\n

\n

Value<\/p>\n

(N’M)<\/p>\n<\/td>\n<\/tr>\n

\n

ZENITHBANK<\/p>\n<\/td>\n

\n

10.91<\/p>\n<\/td>\n

\n

499.66<\/p>\n<\/td>\n<\/tr>\n

\n

GUARANTY<\/p>\n<\/td>\n

\n

13.31<\/p>\n<\/td>\n

\n

331.01<\/p>\n<\/td>\n<\/tr>\n

\n

UBA<\/p>\n<\/td>\n

\n

10.50<\/p>\n<\/td>\n

\n

271.83<\/p>\n<\/td>\n<\/tr>\n

\n

DANGSUGAR<\/p>\n<\/td>\n

\n

13.94<\/p>\n<\/td>\n

\n

197.32<\/p>\n<\/td>\n<\/tr>\n

\n

NB<\/p>\n<\/td>\n

\n

52.63<\/p>\n<\/td>\n

\n

157.11<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Figure 6<\/p>\n

5 Most Traded Stocks by Value<\/p>\n

\"clip_image014\"<\/a><\/p>\n

Market Capitalization<\/b>:<\/p>\n

Nigeria Breweries Plc<\/b> is the highest capitalized stock at N398.02 billion today. This was followed by First Bank of Nigeria Plc <\/b>with N353.82 billion. Zenith Bank Plc<\/b> N274.03 billion, Guaranty Plc <\/b>with N251.38 billion and UBA Bank Plc<\/b> N226.27 billion to maintained the third, fourth and fifth positions respectively.<\/p>\n

Table 6<\/p>\n

5 Most Capitalized Stocks<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
\n

Stock<\/b><\/p>\n<\/td>\n

\n

Mkt. Capt. <\/b><\/p>\n

(N’B)<\/b><\/p>\n<\/td>\n

\n

% of Top 5<\/b><\/p>\n<\/td>\n

\n

% of Total<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

NB<\/b><\/p>\n<\/td>\n

\n

398.02<\/b><\/p>\n<\/td>\n

\n

26.47 <\/b><\/p>\n<\/td>\n

\n

7.66 <\/b><\/p>\n<\/td>\n<\/tr>\n

\n

FIRSTBANK<\/b><\/p>\n<\/td>\n

\n

353.82<\/b><\/p>\n<\/td>\n

\n

23.53 <\/b><\/p>\n<\/td>\n

\n

6.81 <\/b><\/p>\n<\/td>\n<\/tr>\n

\n

ZENITHBANK<\/b><\/p>\n<\/td>\n

\n

274.03<\/b><\/p>\n<\/td>\n

\n

18.23 <\/b><\/p>\n<\/td>\n

\n

5.27 <\/b><\/p>\n<\/td>\n<\/tr>\n

\n

GUARANTY<\/b><\/p>\n<\/td>\n

\n

251.38<\/b><\/p>\n<\/td>\n

\n

16.72 <\/b><\/p>\n<\/td>\n

\n

4.84 <\/b><\/p>\n<\/td>\n<\/tr>\n

\n

UBA<\/b><\/p>\n<\/td>\n

\n

226.27<\/b><\/p>\n<\/td>\n

\n

15.05 <\/b><\/p>\n<\/td>\n

\n

4.36 <\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Total<\/b><\/p>\n<\/td>\n

\n

1,503.52<\/b><\/p>\n<\/td>\n

\n

100<\/b><\/p>\n<\/td>\n

\n

28.94 <\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Others<\/b><\/p>\n<\/td>\n

\n

3,691.86<\/b><\/p>\n<\/td>\n

\n

<\/b><\/p>\n<\/td>\n

\n

71.06 <\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Grand Total<\/b><\/p>\n<\/td>\n

\n

5,195.38<\/b><\/p>\n<\/td>\n

\n

<\/b><\/p>\n<\/td>\n

\n

100.00 <\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Figure 7<\/p>\n

5 Most Capitalized Stocks<\/p>\n

\"clip_image016\"<\/a><\/p>\n

Monetary Policy Rate: 6.00 %<\/p>\n

<\/u><\/p>\n

Business News<\/u><\/p>\n

No news<\/p>\n

<\/u><\/b><\/p>\n

<\/u><\/b><\/p>\n

Term of the day: <\/u><\/b><\/p>\n

<\/u><\/b><\/p>\n

ACTIVITY RATIO:<\/u><\/b><\/p>\n

Accounting ratios that measure a firm’s ability to convert different accounts within their balance sheets into cash or sales<\/u><\/b><\/p>\n

Companies will typically try to turn their production into cash or sales as fast as possible because this will generally lead to higher revenues.<\/p>\n","protected":false},"excerpt":{"rendered":"

About The Market Today 21\/07\/09 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)<\/p>\n

Continue ReadingNSE Market Analysis for 21-07-09<\/span><\/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-442","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\/442","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=442"}],"version-history":[{"count":0,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/posts\/442\/revisions"}],"wp:attachment":[{"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/media?parent=442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/categories?post=442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opeosho.com\/blog\/wp-json\/wp\/v2\/tags?post=442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}