Nigerian Stock market update for 14 January, 2009.
January 14th, 2009 Ugonna Maduagufor || ugonna@stockmarketnigeria.com
The All Share Index (ALSI) dipped down by about 2.58 percent to close at 28,103.10 basis points, as against yesterday’s 28,848.40 basis points. The market recorded 7,582 deals involving a total of 207,039,552 unit shares, valued at N1.323 billion; as against yesterday’s, 8,284 deals involving a volume of 189,327,772 unit shares, valued at N1.580 billion. The Market capitalization also depreciated to N6.216, trillion, as against yesterday’s N6.381 trillion.
In a descending order: (1) MTI led the activity chart (traded volume of shares) with 25,000,000 units valued at N57,500,000.00; (2) FIDELITY BANK traded with 21,414,217 units valued at N91,158,115.73; (3) ACCESS traded with 16,546,430 units valued at N106,316,079.99; (4) OCEANIC traded with 10,152,364 units, valued at N100,541,561.09; while (5) LASACO traded with 10,024,355 share units, valued at N17,497,849.40
The top price gainers in a descending order include: (1) BOCGAS gained N0.82 to close at N17.29; (2) VITAFOAM gained N0.24 to close at N5.04; (3) EVANSMED gained N0.15 to close at N3.27; while (4) UNION HOMES gained N0.08 to close at N2.90;
On the other hand, the top price losers also in a descending order includes: (1) OANDO which lost N4.15 to close at N78.85; (2) GUINNESS lost N2.50 to close at N78.00; (3) UACN lost N1.67 to close at N31.73; while (4) NBC lost N1.55 to close at N37.70
 |