Due to the public holiday (Id el Maulud), there was no trade in the floor of the exchange yesterday. Therefore, the stock market opens to with the following barometer:
ASI 25,817.69
DEALS 2,512.00
VOLUME 108,525,720.00
VALUE 1,637,017,562.56
CAP 8,883,255,385,686.80
It closes with the following figures:
ASI 26,071.16
DEALS 2,885.00
VOLUME 376,698,830.00
VALUE 2,411,861,997.09
CAP 8,970,470,816,291.45
From the following figures, it can be deduce that that the market capitalisation move up by 0.9817958 percent. Which is approximately one percent. When we compare Thursday and Friday figures of last week, it move up also by 0.3 percent.
At the rate at which the market capitalisation is increasing daily, the market will continue to be bullish till ending of this week. The Market capitalisation may reach it highest peak of N9 trillion. And may reduce at the beginning of next year.
This is as a result of the Christmas coming soon. Many investors are selling there shares so as to meet up the holiday expenses.
Furthermore, the ASI increase by 253.47 basis point. The volume and value of shares traded in the floor of the exchange are 376,698,830.00 and N2,411,861,997.09 respectively in 2,885 deals.
The companies that lead the gainers table are:
COY. PREV. CLOSE. +Δ
SEPLAT 340 374.85 34.85
TOTAL 276.05 289.85 13.8
FO 106.23 117.11 10.88
DANGCEM 160 162 2
GUARANTY 23.34 23.8 0.46
The top losers are:
COY. PREV. CLOSE. -Δ
MOBIL 305 300 -5
GUINNESS 77.9 75.6 -2.3
7UP 130 129 -1
UBN 4.47 4.26 -0.21
ZENITHBANK14.5 14.34 -0.16
Top traders in the NSE today are:
WEMABANK 100,911,712
DIAMONDBNK 84,024,943
FCMB 83,198,918
GUARANTY 13,961,346
TRANSCORP 12,313,896
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