The Nigerian Equity Market Watch @ 200213

Proshare

 

Wednesday, February 20, 2013 5:48 Pm / DLM Research
 

Market Commentary 

The NSE All-Share Index rose by 1.12% today to 33,708.18 points, this is as market capitalisation now stands at N10.786trn

The top contributors to the broad index gain are: Nestlé (up 7.80%), which added +241.65 points to the index; Nigerian Breweries (up 4.93 %) with an addition of +204.98 points; and Dangote Cement (up 0.83%) which made a contribution of +57.74 points.

Top detractors were Guinness (down 1.79%) with a contribution of -24.99 points; Stanbic Holdings (down -1.96 %) which contributed -17.79 points and Fidelity Bank (down -1.76%) with a -15.89 point contribution.

Top price gainers were DN Meyer (+9.50%), Nestlé (+7.80%) and Prestige Assurance (+5.94%)

Top losers were Julius Berger (-9.98%), Royal Exchange Assurance (-9.09%) and Wema Bank (-9.26%)

There were 35 gainers compared to 34 on Tuesday; total losers were 37 compared to Tuesday’s figure of 35.

Please note that the reported index figure may be adjusted by the Nigerian Stock Exchange before it is reported on the NSE Web portal or by other data vendors. 

Link To TheAnalyst
   

View full Daily Equity Report

Disclaimer/Advice to Readers: While the website is checked for accuracy, we are not liable for any incorrect information included. The details of this publication should not be construed as an investment advice by the author/analyst or the publishers/Proshare. Proshare Limited, its employees and analysts accept no liability for any loss arising from the use of this information. All opinions on this page/site constitute the authors best estimate judgement as of this date and are subject to change without notice. Investors should see the content of this page as one of the factors to consider in making their investment decision. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions. This article is published with the consent of Dunn Loren Merrifield, the author(s) for circulation to the online investment community in accordance with the terms of usage. Further enquiries should be directed to the author whose e-mail is Dunn Loren Merrifield Limited [Email:todukoya@dunnlorenmerrifield.com] otherwise comments should be sent to info@proshareng.com 

READ MORE:
Related News
SCROLL TO TOP