NSE Report For Week Ended August 27th, 2010

In: special reports|weekly report

31 Aug 2010

Courtesy of Lead Capital NG, here is the NSE report for the week ended August 27th, 2010:

Major equity markets around the globe suffered a downward turn as their various indexes dropped significant points. In our universe of sample equity markets, the NASDAQ, Dow Jones and the S & P 500 all lost points by 1.75%, 1.50% and 1.53% respectively at the end of last week. In Europe, all major indices recorded downward movements. The FTSE, and France CAC 40 decreased by 1.65% and 2.15% respectively, while the German Dax inched up by 1.79%. In the Asia/Pacific region, the Hang Seng, Nikkei and BSE Sensex lost point by 1.65%, 3.64% and 1.21% at the end of the week. Back home, the NSE ASI closed at 24,175.53, recording 4.06% depreciation at the end of the week.

Transactions for the week had the total volume depreciating by 17.61 while value traded depreciated by 18.16%. A turnover of 1.17 billion units of shares valued at N10.41billion, in contrast to a turnover of 1.42 billion units of shares worth N12.72 billion that was recorded two weeks ago.

Volume this week was driven by activity in the shares of NP, FIRSTALUM, VONO, LONGMAN, EVANSMED, IKEJAHOTEL, CRUSADER, LIVESTOCK, SPRINGBAK and NNFM. On the segmented index, NSE-30 decreased by 4.21% to close at 1,006.06, Food and Beverages index decreased by 4.58% to close at 776.09, NSE-Banking decreased by 6.72% to close at 349.43, NSE-Insurance Index decreased 3.71% to close at 168.84 and NSE-Oil & Gas decreased by 2.18% to close at 363.73.

During the period under review, twenty-four (24) stocks recorded price appreciation compared with forty-eight (48) gainers two weeks ago. AP was first on the top gainers’ chart to close with 21.42%, followed by FIRSTALUM with 19.05%, followed by VONO with 11.54%, followed by LONGMAN with 10.08%. Other gainers in the top ten category were EVANSMED with 7.50%, IKEJAHOTEL with 5.98%, CRUSADER with 5.66%, LIVESTOCK with 5.26%, SPRINGBANK with 5% and NNFM with 5%.

On flip side, sixty-one (61) stocks depreciated in price last week compared with thirty-seven (37) decliners two weeks ago. OCEANIC led on the price losers’ table with 17.79%, followed by WEMABANK by 17.02%, PLATINUM by 16.79%, STARCOMMS by 14.50%, CILEASING by 13.85%, INTERCONTINENTAL by 13.51%, GOLDINSURE by 12.28%, FTNCOCOA by 11.94%, RTBRISCOE by 11.86% and STERLNBNK by 11.82%.

Here are the weekly NSE reports from Lead Capital, Afrinvest, FSDH, and IBTC:
FSDH NSE Report – August 20th 2010
FSDH NSE Report – August 27th 2010
IBTC NSE Report – August 20th 2010
IBTC NSE Report – August 27th 2010
Lead Capital – NSE Report – August 20th 2010
Lead Capital – NSE Report – August 27th 2010
Afrinvest Forthnightly Update – Aug 20th 2010
FDC Bi-monthly Publication – August 2010

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