Nigeria Stock Market Report for Jun, 01, 2011 :: Signet Investments & Securities

Daily Stock Market Report

for Jun 1, 2011

Index	25,875.31
Deals	5,353
Volume	285,724,715
Values	₦ 3,141,424,679.97
Capitalization	₦ 8,273,279,347,452.24

The Positive trend of the market continued today as the All- Share Index moved up slightly by 0.03 percent to close at 25,875 compared to yesterday's figure of 25,866.62 points. See graph......

Sector Analysis

The BANKING sector still emerged the most traded sector clearing 61.1 percent of the total turnover at the end of today's trading with the maximum volume of 174,538,203 worth N1.5b in 2,956 trades followed by the MORTGAGE sector accounting for 13.4 percent of the total turnover with a volume of 38,158,968 valued at N19,161,224.24 in 29 deals. The INFORMATION sector traded 15,627,391 units of shares valued at N9,375,946.60 in 42 deals. CONGLOMERATES sector recorded a volume of 13,694,115 valued at N228,796,756.77 traded in 283 deals, while BREWERIES sector recorded 8,558,672 units of shares worth N633,803,820.72 in 332 deals. See chart.....

Gainers & Losers

FLOURMILL topped the gainer's table with a price increase of N3.34 to close at N92.35 while JBERGER had the Maximum lose of N2.88 to close at N55.61. Details in the Market Report on www.signetng.com

NB	92.35
GUINNESS	253.50
GLAXOSMITH	27.32
CAP	25.49

JBERGER	55.61
PZ	34.00
CADBURY	20.75
NBC	36.00

Top Five Trades

ZENITHBANK was the toast of investors today, as it traded 40,962,745 units of shares valued at N614,307,095.74 . ASOSAVINGS followed with a volume of 37,124,500 worth N18,562,250.00. FIRSTBANK with a volume of 19,810,456 UBA with 19,768,220 and STARCOMMS with 15,627,391 units.

ZENITHBANK	40,962,745
ASOSAVINGS	37,124,500
FIRSTBANK	19,810,456
UBA	19,768,220
STARCOMMS	15,627,391

Market News

NATIONAL SALT NIGERIA PLC

Profit and Loss Information

Turnover 10 N8.894b 09 N8.767b

Cost Of Sales 10 (N6.065b) 09 (N5.392b)

Profit Before Tax 10 N2.058b 09 N2.712b

Taxation 10 (N410.019m) 09 (N870.102m)

Profit After Taxation 10 N1.648b 09 N1.842b

Corporate Actions
Proposed Dividend            50kobo
Proposed Bonus                Nil
Payment Date                    11th July 2011
Closure Date                     20th- 24th June 2011
AGM Date                           30th June 2011
AGM Venue                         Tahir Hotel, Kano @ 12pm

Signet Investments & Securities Ltd. (Member of The Nigerian Stock Exchange) SIGNET HOUSE, No. 8 Ola Ayinde Street Off Mobolaji Bank Anthony/Toyin Street, Ikeja, Lagos State, Nigeria. TEL: +234 8178618007, 08026452448, 08116333411, Email: [email protected], WEBSITE: www.signetng.com