Market Statistics (Tuesday, 24^th July, 2012)

Market Cap (N'bn)	7,372.96
Market Cap (US$'bn)	45.91
NSE All-Share Index	23,169.24
Daily Performance %	(0.91)
1 Week Performance %	0.56
YTD Performance %	11.76
Daily Volume (Million)	250.62
Daily Value (N'bn)	2.36
Daily Value (US$'m)	14.70

Dealer’s Perception

·         The NSE All-Share Index dipped 91bps.

·         Dangote Cement lost 3.9% today as sentiments were skewed to the sell side, reverting back to N116.00 at the close of the session; CCNN also lost marginal points.  Lafarge Wapco recorded no change as buyers appeared cautious and bidding didn't get higher than N43.50 despite robust demand and thin offers.

·         Last minute purchases firmed up the price of Flour Mills, with a clearance of available offers in the market; Nascon and Cadbury also inched up with gains of 2.9% and 1.4% respectively. On the other hand, Honeywell Flour, Dangote Sugar and Dangote Flour were sent south shedding 5.0%, 4.6% and 2.1% respectively.

·         In the banking sector, GTBank held steady at N17.04 inching up 0.3%; also on the up-tick were First Bank, FCMB and Stanbic IBTC picking up less than 1.0% each. UBA and Diamond Bank however lost 2.1% and 2.5% respectively.

Company Announcement

·         First Bank of Nigeria Plc released its H1 2012 results

·         Champion Breweries Plc released its H1 2012 results

·         Trans-Nationwide Express Plc released its H1 2012 results