The market closed the day lower with the DCI falling 0.02% to close at 6,966.22 while value traded amounted to USD 83k. Engen (551t, +1t) was the only name to close in positive territory. Cresta (75t, -4t) was the only name to traded lower on the day.
Value traded on the Ghanaian Stock Exchange amounted to USD 53k. SCB was the biggest contributor towards value traded (24.67%) with the name closing at 46.00 CEDI. UTB was the second biggest contributor towards value traded (21.91%) with the counter closing at 0.32 CEDI.
The market ended the day higher with the NSE 20 Index gaining 0.12% while value traded amounted to USD 1.69m. Foreign purchases accounted for USD 768k while foreign purchases accounted for USD 258k. EQBNK was the biggest contributor towards value traded (USD 638k) with the name closing at 15.80. EABL was the second biggest contributor towards value traded (USD 528k) with the counter closing at 177.00. Safcom closed the day at 3.00 and was the third biggest contributor towards value traded (USD 177k).
The market ended the day higher with the Semdex gaining 0.11% to close at 1,893.72 while value traded amounted to USD 1.16m. MCB closed the day flat at 167.00 while SBM gained 0.60% to close at 84.50. NMH fell 1.20% to close at 82.00 while Rogers closed the day unchanged at 325.00. Both ENL and Terra Mauricia (previously Harel Freres) closed the day flat at 42.20 and 38.20 respectively.
The Nigerian ASI gained 0.33% while value traded amounted to USD 9.74m. Top traded stocks were Diamond Bank, UBA, First Bank, GTB, FCMB, Ecobank Transnational Incorporated, Access Bank, Zenith Bank, Fidelity Bank and Flourmills Plc. Top losers of the day were Union Bank (-5.00%), Morison Plc (-4.97%), Japaul Oil (-4.90), UBA (-4.86%), Nigerian Bags Manufacturing Co Plc (-4.65%). The gainers were led by University Press Plc (5.00%), Cement Company of Northern Nigeria Plc (5.00%), Livestock Feeds Plc (4.94%), Dangote Sugar Plc (4.94%) and RT Briscoe (4.92%). The banking sector ASI closed down 67bps. Access Bank closed down 4.47% at N4.80 and traded 7.01m units, First Bank closed up 0.33% at N9.03 and traded 18.93m units, while GTB closed up 0.07% at N14.21 and traded 17.23m units. The sector also had crosses of 21m units of Diamond Bank, 10.3m units of UBA, 14m units of FCMB, 3m units of Access Bank, 9m units of GTB and 4.9m units of First Bank In the building materials sector, Cement Company of Northern Nigeria closed up 5.00% at N4.83 and traded 563k, while Lafarge Wapco also closed up 0.92% at N43.65 and traded 351k. Dangote Cement closed up 1.54% at N1.54 and traded 1.1m units in total.In the food and beverages sector, Nigerian Breweries traded 835k units and closed up 0.32% at N95.35. Dangote Sugar closed up 4.94% at N4.89 with 1.6m units traded while Guinness Nigeria Plc closed flat at N237.56 and traded 190k units in total. There were also crosses of1m units of Japaul Oil, 8m units of Ecobank Transnational Incorporation, and 4.3m units of Flour mills Plc.
The JSE ended the day higher with the Top 40 Index gaining 0.52% to close at 29,209 while value traded amounted to USD 1.04bn. Industrials were the day's biggest gainers with the Index gaining 0.48% followed by Financials and Resources which gained 0.16% and 0.12% respectively. The Rand was trading at 8.16 and 10.37 to the USD and EUR respectively by the time local markets closed.
The market recorded a turnover of USD 2,482. The counters that traded today included SCB, ZNCO and ZSUG. The biggest contributor towards turnover was SCBL, 84,063 shares traded at an average price of ZMK 90, turnover amounted to USD 1,513. The second biggest contributor towards turnover was ZSUG, 12,750 shares traded at an average price of ZMK 270, turnover amounted to USD 689.
The industrial index continued with its negative trend to close the first trading week of 2012 at 139.9 points. The index fell 0.10% with losses recorded in OLD MUTUAL, STAR AFRICA, MEIKLES, ZPI and MASH. There were however gains in ZHL, OKZIM and INNSCOR . The mining closed unchanged to close the week at 81 points. Hwange and RIO ZIM both closed at 30c.