Dear Afrinvestor,

Market Statistics (Wednesday,28^th November, 2012)

Market Cap (N'bn)	8,379.90
Market Cap (US$'bn)	53.17
NSE All-Share Index	26,226.25
Daily Performance %	(0.52)
1 Week Performance %	(0.29)
YTD Performance %	26.51
Daily Volume (Million)	168.47
Daily Value (N'bn)	1.28
Daily Value (US$'m)	8.10

Dealer’s Perception

·         The NSE All share index lost 52bps today.

·         Transcorp topped the volume traded list with an excess of 63.0million units exchanging hands, followed by Access Bank and Bagco with 15.4million and 12.2million units respectively.

·         Zenith Bank, down from the previous session was able to secure a marginal lift of 30bps, it however appeared to have some level of support at the N16.40 mark. GT Bank held steady to close on a relatively flat note, as offers were mainly pegged at the N19.80-N19.90 range. Access Bank despite trading robustly, had its gains limited by volumes stacked at the N9.00 mark. FBN Holding had demand interest shore its share price up by 1.9% to close at N14.83, however closing bids suggests a comfort level of N14.70.

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·         A dearth of supply volumes at lower limits ensured that both Nestle and NB secured healthy gains for the day. A trend that is likely to continue in tomorrow’s session.