Naija Lo Wa

Courtesy of Lead Capital, FSDH, Afrinvest, and IBTC, here is the NSE report for the week ended December 3rd 2010:

·         The NSE All-Share Index went up by 79 basis points, ending the week on a positive note despite the downward movement recorded in the index today.

·         The banking sub-sector traded mostly sideways this week, however, Access Bank led the gainers’ list by 5.0%. Other gainers include Ecobank, GTBank, Sterling Bank and Afribank with gains between 2.7% and 3.3%. Skye Bank, Zenith Bank and UBA also recorded gains between 0.9% and 1.4%. On the flip side, the rescued banks topped the losers’ list in the sector. Unity Bank, Wema Bank, Union Bank and FinBank shed between 5.0% and 9.0%, largely due to profit taking activities by participants.

·         The building materials sector experienced low trading activities throughout the week. It however picked up slightly on the last trading day. Ashaka Cement recorded an 8.8% uptick, followed closely by Dangote Cement with 2.0%. Lafarge Wapco also recorded a 1.2% gain. CCNN was however the lone loser in the sector, shedding 3.2% to close the week.

·         All the three stocks that traded in the breweries sector recorded varied gains this week; Guinness, NB and International Breweries gathered gains in excess of 4.0%.

And here are the charts for the week’s performance:

<a href=”http://www.naijalowa.com/wp-content/uploads/2010/12/nse_stats1.bmp”><img title=”nse_stats” src=”http://www.naijalowa.com/wp-content/uploads/2010/12/nse_stats1.bmp” alt=”" /></a>

<a href=”http://www.naijalowa.com/wp-content/uploads/2010/12/nse_stats_more.bmp”><img title=”nse_stats_more” src=”http://www.naijalowa.com/wp-content/uploads/2010/12/nse_stats_more.bmp” alt=”" width=”482″ height=”532″ /></a>

And here are the results:

<a href=”http://www.naijalowa.com/wp-content/uploads/2010/12/nse_results.bmp”><img title=”nse_results” src=”http://www.naijalowa.com/wp-content/uploads/2010/12/nse_results.bmp” alt=”" width=”490″ height=”442″ /></a>

And here are the reports from the stockbrokers:
NSE Weekly Report - Afrinvest - Dec 3rd 2010 (238).

NSE Weekly Report - Afrinvest - Dec 3rd 2010 - Weekly Update (244).

NSE Weekly Report - FSDH - Dec 3rd 2010 (307).

NSE Weekly Report - IBTC - Dec 3rd 2010 (286).