Market Capitalisation sheds N83bn

By Festus Okoromadu, Lagos

The market closed its fourth trading day of the week Thursday 10th January 2013 on a bearish note as the All- Share- Index (ASI) recorded negative returns of -0.90 per cent to close at 28,695.59 points.

Market capitalization lost N83.493 billion to close at N9.171 trillion. Trading activities recorded decline in volume terms with 407.240 million shares valued at N3.512 billion being traded.

It represents -10.66 per cent decrease in trading volume and -13.43 per cent decrease in value when compared to the preceding trading session. Top trades in the review day are Fidelity Bank, UBA, Transcorp plc, Diamond Bank and Guaranty Trust Bank. Top gainers are Nigerian Breweries Plc, Conoil Plc, UACN Plc, Julius Berger Plc and Forte Oil Plc. Top losers are UAC-Prop, Zenith Bank, Ashaka Cement Plc and Guaranty Trust Bank Plc.

MARKET STATISTICS                                                                                                                                                                                                              

MARKET DATA 10/01/2013         09/01/2013

CHANGE %

TOP 5 TRADES VOLUME
INDEX   28,695.59 28,956.83

-0.90

FIDELITYBK 62,160,241
DEALS 6,201 6,980

-11.16

UBA 61,424,681
VOLUME 407,240,608 455,805,562

-10.66

TRANSCORP 41,672,751
VALUE 3,512,106,554.63 4,057,166,435.80

-13.43

DIAMONDBNK 31,671,017
MKT. CAPITALIZATION 9,171,258,099,060.22 9,254,751,472,570.02

-0.90

GUARANTY 25,570,754

GAINERS                                                                                                                             

COMPANY CURRENT(N) PREVIOUS(N) CHANGE(N)
NB 148.10 145.65 2.45
CONOIL 21.52 20.50 1.02
UACN 42.90 42.39 0.51
JBERGER 34.01 33.55 0.46
FO 9.37 8.93 0.44

 


 LOSERS

COMPANY CURRENT(N) PREVIOUS(N) CHANGE(N)
NEWGOLD 2,525.00 2,535.00 -10.00
UAC-PROP 12.41 13.74 -1.33
ZENITHBANK 19.70 21.00 -1.30
ASHAKACEM 19.61 20.69 -1.08