Dear Afrinvestor,

Market Statistics (Tuesday, 23^rd October, 2012)

Market Cap (N'bn)	8,672.62
Market Cap (US$'bn)	55.12
NSE All-Share Index	27,217.27
Daily Performance %	(0.20)
1 Week Performance %	0.40
YTD Performance %	31.29
Daily Volume (Million)	247.92
Daily Value (N'bn)	2.70
Daily Value (US$'m)	17.18

Dealer’s Perception

·         The NSE All-Share Index lost  20bps.

·         Sentiments in the banking sector, improved slightly today though still skewed to the sell side. On the up-tick were Wema Bank, Fidelity Bank, Unity Bank and Stanbic IBTC with price appreciation ranging from 0.6% to 3.4%. Top-tier banks Zenith Bank, GTBank and UBA however went south shedding, 1.6%, 1.4% and 0.4% respectively.

·         Bullish sentiments firmed up the price of CCNN as it picked up 5.0% at the close of the session, however Ashaka Cement remained skewed to the sell side and subsequently dropped less than 1.0% while Dangote Cement and Lafarge Wapco recorded no change.

·         In other sectors, Guinness rallied at the close of the session with a 1.9% mark-up, NB however lost 0.7% dropping to N138.00. Transcorp and PZ Cussons also went south with losses of 2.6% and 1.7% while others in the conglomerate sector recorded no change.

Company Announcements

·         Unity Bank plc released its Q3 2012 results.

·         Presco Plc released its Q3 2012 results.

·         Austin Laz & Co Plc released its Q3 2012 results.