Dear Afrinvestor,

Market Statistics (Thursday, 9^th August, 2012)

Market Cap (N'bn)	7,377.45
Market Cap (US$'bn)	46.57
NSE All-Share Index	23,178.87
Daily Performance %	0.05
1 Week Performance %	(1.32)
YTD Performance %	11.81
Daily Volume (Million)	429.57
Daily Value (N'bn)	1.46
Daily Value (US$'m)	9.21

Dealer’s Perception

·         The NSE All-Share Index inched up slightly by 5bps at the close of the day’s session.

·         The banking sector was a bit bearish today with more losses recorded than gains. GTBank continued to hold steady at N17.70 while First Bank, UBA and Zenith Bank dipped slightly, recording losses of 1.4%, 0.2% and 0.7% respectively. Demand for these stocks however remain strong and could prevent further losses tomorrow.

·         In the breweries sector, NB rallied with a 0.4% surge at the close of the day’s session, re-entries at current levels could lead to further gains in coming sessions. Guinness was however flat while International breweries lost 0.2%.

·         The conglomerates sector was upbeat today with no loss recorded in the sector; Unilever on the rebound bagged 2.9%. In the same vein, A.G. Leventis, Transcorp and PZ Cussons also picked up 4.8%, 4.0% and 2.8% respectively.

Company Announcement

·         Lasaco Assurance Plc released its Q1 2012 results.