Dear Afrinvestor,

Market Statistics (Thursday, 16^th August, 2012)

Market Cap (N'bn)	7,342.31
Market Cap (US$'bn)	46.73
NSE All-Share Index	23,066.74
Daily Performance %	(0.17)
1 Week Performance %	(0.48)
YTD Performance %	11.27
Daily Volume (Million)	140.11
Daily Value (N'bn)	1.26
Daily Value (US$'m)	8.00

Dealer’s Perception

·         The NSE All-Share Index lost  17bps at the close of proceedings

·         The banking sector recovered from previous bearish sentiments as GTBank had a late surge to close at N17.80 and recorded a 2.3% mark-up, the highest in the sector today. Also heading north were Access Bank, Diamond Bank, Stanbic IBTC , UBA and First Bank. On the other hand, Zenith Bank lost less than 1.0% with fairly matched demand and supply, while Sterling Bank lost 3.7%.

·         Sentiments for NB and International Breweries remained bullish as they consolidated on previous gains, both inching up with gains of 1.3% and 4.9% respectively; with closing sentiments that could lead to further increase tomorrow.

·         Last minute trades trimmed off 2.1% from Dangote Cement as sentiments remained skewed to the sell side. Others in the sector however recorded no change.

Company Announcement

·         Intercontinental Wapic Plc released its H1 2012 results.

·         Fidson Healthcare Plc released its H1 2012 results.

·         Law Union & Rock Plc released its H1 2012 results.

·         Niger Insurance Plc released its Q1 2012 results.