Dear Afrinvestor,

Market Statistics (Wednesday, 27^th June, 2012)

Market Cap (N'bn)	6,887.08
Market Cap (US$'bn)	42.38
NSE All-Share Index	21,573.84
Daily Performance %	1.06
1 Week Performance %	0.29
YTD Performance %	4.07
Daily Volume (Million)	188.54
Daily Value (N'bn)	1.30
Daily Value (US$'m)	8.01

Dealer’s Perception

·         The NSE All-Share Index gained 108bps.

·         A strategic cross of 4.3billion shares of Union Bank bumped up the volumes and value traded in the market today; sentiments for the stock was also positive during the session, picking up 4.9%; also on the up-tick was Sterling Bank with a 4.6% mark-up. On the flip side, bearish sentiments continued to trail top-tier banks as most of them dropped marginal points at the close of the session.

·         The breweries sector was upbeat today, demand for NB during the session led to a gradual 1.1% increase of its share price and closing demand suggests that it might hover around this levels tomorrow. Guinness also bagged 3.6% at the close of the session.

·         Fringe players were top gainers at the close of the session with Paints & Coating and Japaul Oil recording gains in excess of 4.0% apiece.