Dear Afrinvestor,

Market Statistics (Thursday, 23^rd August, 2012)

Market Cap (N'bn)		7,380.50
Market Cap (US$'bn)		46.68
NSE All-Share Index		23,186.73
Daily Performance %		(0.05)
1 Week Performance %		0.27
YTD Performance %		11.85
Daily Volume (Million)		215.85
Daily Value (N'bn)		3.13
Daily Value (US$'m)		19.80

Dealer’s Perception

·         The NSE All-Share Index lost 5bps today.

·         First Bank, Sterling Bank and FCMB fared better than most in the banking sector today, picking up 3.1%, 1.0% and 1.0% respectively at the close of proceedings. First Bank and Sterling Bank were also skewed to the buy side at the close of the session and robust demand could lead to further gains tomorrow.

·         The building materials sector was quiet today as Dangote Cement, CCNN and Ashaka Cement closed flat, though current demand outweighed available offers. Lafarge Wapco on the otherhand, booked a 0.9% gain on the back of robust demand.

·         In other sectors, International Breweries consolidated on previous gains with a further 5.0% mark-up at the close of the session, also on the up-tick were fringe players; DN Meyer, UPL and Longman closing with gains in excess of 4.0% apiece.

Company Announcement

·         Flour Mills of Nigeria Plc released its Q1 2012 results.

·         RT Briscoe Plc released its H1 2012 results.

·         University Press Plc released its Q1 2012 results.

·         Boc Gases Plc released its Q1 2012 results.

·         Resort Savings & Loans Plc released its FY 2011 results.