Thursday July 29, 2010
NSE Index/Market Cap (July 29, 2010)
  • NSE Index: 25,905
  • Market Capitalization (Naira): 6,335,518,353,690
Top 5 Gainers (July 29, 2010)
Symbol Close Change  
NESTLE 364.00 8.00
GUINNESS 168.96 6.96
7UP 49.35 2.35
NBC 34.17 1.62
GLAXOSMITH 31.50 1.50
Top 5 Losers (July 29, 2010)
Symbol Close Change  
MOBIL 157.65 8.29
AP 28.50 1.50
OKOMUOIL 11.68 0.58
UAC-PROP 20.45 0.45
UBA 10.57 0.42
Top 5 Traded (July 29, 2010)
Symbol Volume Value
AIICO 164,394,096.00 200,886,000.00
TRANSCORP 65,651,250.00 32,825,600.00
TOURIST 50,000,000.00 227,000,000.00
UBA 17,938,059.00 191,021,000.00
ACCESS 15,960,493.00 144,940,000.00
Articles
Does a stable government mean a stable market?
May 14, 2010   source: 

How have the recent events around the presidency affected the markets, if at all? Do investors care about who the president is?

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News and Events
Bulls Sustain Rally at NSE
July 29, 2010   source: www.thisdayonline.com

The price rally at the stock market persisted for the fifth consecutive day yesterday - lifting the year-to-day (YTD) of the benchmark index, the Nigerian Stock Exchange (NSE) All-Share Index to 24....

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Banks Dominate as Index Rises 1.02%
July 29, 2010   source: www.thisdayonline.com

The banking sector of the stock market yesterday dominated activities on the floor of the Nigerian Stock Exchange (NSE) as investors continued to react positively to the improved half-year results  by  some of the banks and the signing into law  of the Asset Managing Corporation of Nigeria (AMCON) by President Goodluck Jonathan last week....

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FCMB, Others Declare Results
July 29, 2010   source: www.thisdayonline.com

First City Monument Bank Plc, Continental Reinsurance Plc and African Paints Nigeria Plc announced their half-year results last week....

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NSE Cap Adds N275bn
July 29, 2010   source: www.thisdayonline.com

The market capitalisation of the Nigerian Stock Exchange (NSE) has appreciated by N275 billion between Tuesday last week and yesterday when the bulls took over control of the market....

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Location Nigeria
Up until last year, the Nigerian Capital Market had experienced significant growth. The total market capitalization had increased from N=760 Billion to over N=11 Trillion in only 8 years, with the index 5 times what it was in 2002. This growth has been checked in the last year, reflecting the global financial turmoil.
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Other news
Banks Dominate as Index Rises 1.02%
BAGCO Declares Dividend
NSE Cap Rises by N25bn
Investors Stake N2.8bn on Shares
Nigerian Equities Extend Gains
New Listing Boosts Ecobank Cap
Losses Trim Market Value
Losses Trim Market Value
Bear Run Persists at NSE
Starcomms, Others Record Mixed Performance
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