MSL Daily Market Snapshot - October 20, 2006
Mutual Funds Current Previous
  Bid price Offer Price Bid price Offer Price
CORAL ETHICAL FUND 941.70 980.18 956.94 994.69
CORAL GROWTH FUND 1,505.39 1,556.98 1,519.93 1,572.74
CORAL INCOME FUND 954.12 954.12 949.01 949.01
DISCOVERY FUND 201.95 208.03 202.05 208.15
FIDELITY NIG-FUND 2.18 2.27 2.14 2.22
IBTC NIGERIAN EQUITY FUND 8,421.59 8,782.22 8,510.68 8,875.32
  Value  1 day change  Year Start Change on year start
Market Capitalisation (N'billion) 4,121.66 -0.49% 2,523.49 63.33%
NSE All-Share Index 32,856.94 -0.49% 24,085.76 36.42%
  Today Yesterday
Total Volume Traded 150,355,909.00 120,396,363.00
Total Value Traded (N) 2,203,634,361.29 2,561,233,167.61
Number of Deals 7,480 7,400
Gainers 33 38
Losers 34 30
Top Gainers / Losers in % Terms
 Top Gainers  Top Losers
  19-Oct-06 20-Oct-06 Chn %   19-Oct-06 20-Oct-06 Chn %
R T BRISCOE PLC 8.2 8.61 5.00% GUINNESS  NIG  PLC 140.72 109.37 -22.28%
FIRSTINLAND BANK PLC 3.20 3.36 5.00% TRIPPLE GEE AND COMPANY PLC 2.20 2.09 -5.00%
W.A. PORTLAND COMP. PLC. 60.50 63.52 4.99% NESTLE NIGERIA PLC 241.5 229.43 -5.00%
PRESTIGE ASSURANCE  CO. PLC 3.01 3.16 4.98% ECOBANK TRANSNATIONAL INCORPORATED 231.58 220.01 -5.00%
UNION  DICON SALT  PLC 7.47 7.84 4.95% 7 UP BOTTLING COMP. PLC 41.52 39.45 -4.99%
CAP PLC 19.99 20.98 4.95% BENUE CEMENT COMPANY PLC 42.8 40.67 -4.98%
NEIMETH INTERNATIONAL PHARM 3.25 3.41 4.92% MAY & BAKER NIGERIA PLC 9.25 8.79 -4.97%
DN  MEYER PLC 3.46 3.63 4.91% OCEANIC BANK INTERNATIONAL NIG. PLC 15.90 15.11 -4.97%
P.Z. INDUSTRIES PLC 23.65 24.79 4.82% FIRST CITY MONUMENT BANK PLC. 4.68 4.45 -4.91%
VITAFOAM NIG PLC 4.20 4.40 4.76% EVANS MEDICAL PLC 4.92 4.68 -4.88%
 
5 Most Actively Traded Stocks
Company Deals Volume Value (N)
PLATINUM 93 32,283,777 77,311,229.13
OCEANIC 399 12,098,105 184,942,811.99
IBTC 279 9,976,440 68,556,601.04
WEMABANK 153 9,448,389 29,267,252.47
UBA 557 9,389,251 242,684,738.76
Company Interim and Full Year Results
Company and Result Turnover (Nm) Turnover* (Nm) Change (%) PBT (Nm) PBT* (Nm) Change (%) TAX (Nm) TAX* (Nm) Change (%) PAT (Nm) PAT* (Nm) Change (%)
CAP PLC  
9 months, Sep. 2006 1,360.00 1,064.00 27.82 219.36 170.70 28.51 70.20 54.65 28.46 171.19 116.12 47.42
*- Result for the comparative period in the previous financial year
Company Dividend and Bonus Announcements Today
Company Result DPS(N) Bonus Ratio Closure Date Payment Date Interim/final
CAP PLC 9 months, Sep. 2006 0.50 - 13-Nov-06 1-Dec-06 Interim
 
Exchange Rate (NGN/USD) Last Friday Last Thursday Year Start Change on year start
Banks 128.30 128.30 130.50 1.69%
Parallel Market 131.30 131.30 138.50 5.20%
Exchange Rate (NGN/USD) Latest Auction  Previous Auction
CBN Rates 127.01 127.01
Interest Rate Today Yesterday
7-day NIBOR 2.7813 2.5938
30-day NIBOR 12.0313 12.0625
90-day NIBOR 12.2500 12.5313
Inflation Rate Year-on-year change (%) 12-Month Average Change (%)
July-06 3.00 13.50
August-06 3.70 11.40
Source: National Bureau of Statistics
 
Treasury Bills Discount Rate Latest Bid  Previous Bid
91-day Treasury Bill Rate (%) 6.10 6.48
182-day Treasury Bill Rate (%) 7.50 8.00
364-day Treasury Bill Rate (%) 10.00 8.75
OMO Rate (%) 182-day 7.50 7.70
Minimum Rediscount Rate (%) 14.00 14.00
FGN Bonds Latest Bid
N10 billion (5Yrs) 12.00
N10 billion (7Yrs) 16.00
N29.28 billion (3Yrs) 12.00
N26.662 billion (5Yrs) 12.99
Market News    
The share price of Guinness Nigeria Plc was today adjusted for a cash dividend of N4.00 per share and a scrip dividend of one new share for every four shares already held. In other development, the share price of Cement Company of Northern Nigerian Plc and Dunlop Nigeria Plc were placed on technical suspension following the receipt of application from both companies to raise additional funds.