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Market Statistics

Moving Up24
Unchanged52
Moving Down15


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Top 7 Gainers 27 Jan 2012
Sector%Trades3Mth
COMP142.388
IND29.3814
OTHER18.753
FOREIGN9.1889
PET7.18221
FOOD4.24267
LEASING3.3614
Top 7 Losers 27 Jan 2012
Sector%Trades3Mth
PRINT-0.992
INFOCOTEL-0.981
SEC-0.952
MEDIA-0.896
AGRICAGRO-0.7426
AIRSERVICE-0.5739
BREW-0.55185

Top 10 Trades (By Volume) in 1,000s
Symbol25 Jan 2012Symbol26 Jan 2012Symbol27 Jan 2012
SOVRENINS64,044ZENITHBANK61,361ZENITHBANK117,015
CONTINSURE63,816FIRSTBANK25,046GOLDINSURE33,164
FIDELITYBK55,302FIDELITYBK17,849CONTINSURE17,920
ZENITHBANK46,584UBA15,537SKYEBANK17,719
COURTVILLE40,636ACCESS12,297DIAMONDBNK15,862
FIRSTBANK18,614CONTINSURE11,331UBA15,622
UBA16,527GUARANTY9,399ASOSAVINGS10,000
FCMB15,255SKYEBANK8,647FCMB8,931
ACCESS12,934UNIVINSURE7,800GUARANTY7,667
GUARANTY12,449GUINNESS2,841FIDELITYBK7,381

Top 10 Trades (By Value) in 1,000s
Symbol25 Jan 2012Symbol26 Jan 2012Symbol27 Jan 2012
ZENITHBANK559,078ZENITHBANK736,318ZENITHBANK1,416,569
GUINNESS257,143GUINNESS653,275GUINNESS188,828
FIRSTBANK170,422FIRSTBANK239,413NB129,245
GUARANTY164,647GUARANTY126,025GUARANTY104,948
NB109,979ACCESS60,865NESTLE99,661
FIDELITYBK73,533NB60,317FIRSTBANK67,313
ACCESS62,636UACN36,872SKYEBANK60,283
FCMB61,016DANGCEM36,805TOTAL51,863
ETI49,820UBA34,140PZ43,255
PZ49,722SKYEBANK30,622DIAMONDBNK36,596

Market News

NSE INDEX - Market Rally Deepens, Index up by 0.8%..
Fri 27 Jan 2012
- Culled from The PunchThe rally in the equities
segment of the Nigerian Stock Exchange, which began on Wedneday, continued on
Thursday, with major indices closing positive.The market capitalisation
of the listed equities gained N55bn or 0.8... Details...
NSE INDEX - SWF should be Invested in Capital Market - Operators..
Fri 27 Jan 2012
- Culled from The PunchMarket operators have
called on the Federal Government to ensure that the Sovereign Wealth Fund is
invested in the Nigerian capital market.Specifically, the operators
said that the fund, which is long-term in nature, s... Details...
NSE INDEX - FG Raises N89.76bn from Bond Sale..
Fri 27 Jan 2012
- Culled from ThisdayThe Debt Management Office
on Thursday said that the Federal Government had raised N89.76bn ($561.46m) at
an auction of government bonds, with yields higher than at its previous
auctions.The debt office said it
auctione... Details...
NSE INDEX - Bulls Consolidate Hold on Stock Market..
Fri 27 Jan 2012
- Culled from ThisdayThe bulls consolidated their   control of
stock market Thursday  lifting  the Nigerian Stock Exchange (NSE)
All-share Index  by 0.84 per cent to close at 20,797.81 in the process.After five days of playing second fiddle t... Details...
NSE INDEX - 'Insecurity, Threat to Capital Market Growth'..
Fri 27 Jan 2012
- Culled from ThisdayThe Managing Director of Partnership Investment
Company Limited, Mr. Victor Ogiemwonyi has said the rising level of insecurity
in the country would continue to negatively affect the growth of the capital
market.Ogiemwony... Details...
NSE INDEX - Stockbrokers must Meet Minimum Standard - Onyema..
Fri 27 Jan 2012
- Culled from The VanguardChief Executive 
Officer (CEO) of the Nigerian Stock Exchange, (NSE) Mr. Oscar Onyema has
charged stockbrokers to ensure that they comply with the minimum requirements
to operate in the stock market.Speaking at a pr... Details...
NSE INDEX - Akingbola: Funds Transaction against Bank Practice - EFCC Witness..
Fri 27 Jan 2012
- Culled from The VanguardAn Economic and
Financial Crimes Commission, EFCC, witness, Mr Abduraheem Jimoh, yesterday,
told an Ikeja High Court, Lagos, that transactions  by some companies
owned by Dr Erastus Akingbola, while he held sway as... Details...
NSE INDEX - Reform, Low Price Open Opportunities in Bank Stocks for Fund Managers..
Thu 26 Jan 2012
- Culled from Businessday NewsThe reform in the
banking sector and the rock bottom prices of bank stocks are positioning these
assets for entry by  asset managers on behalf of their clients.Investment experts
say at current valuation, the wo... Details...
NSE INDEX - Market Reels on Stockbrokers Debt Overhang, Absence of Facilities..
Thu 26 Jan 2012
- Culled from Businessday NewsThe turbulence in the
nation''s capital market would be a thing of the past if the Federal Government
makes good its proposal to grant forbearance on stockbrokers'' margin loan
facilities, INVESTOR has learnt.Il... Details...
NSE INDEX - How Capital Market Fared in 2011, Expectations for 2012..
Thu 26 Jan 2012
- Culled from Businessday NewsEconomy in review
While analysts await the official figures of  Nigeria''s gross domestic
product, GDP, growth rate, it would be recalled that it averaged 7.60 percent
from the first to third quarter (Q1-Q3) of... Details...
P.Z INDUSTRIES - Declares N32.4b Turnover, N786.9m Profit in Half-year Result..
Thu 26 Jan 2012
- Culled from The GuardianThe board of PZ
CUSSONS Nigeria Plc, yesterday, declared N32.4 billion turnover for the
half-year period ended November 2011, as against N26.8 billion in 2010.Cost of sales,
according to the company,  also increased... Details...
NSE INDEX - Ondo Bond: Radix, Others Appointed as Issuing Houses..
Thu 26 Jan 2012
- Culled from The PunchRadix
Capital Partners Limited and eight other companies have been appointed as
issuing houses to Ondo State''s N27bn bond.A
statement from on Wednesday listed Radix Capital, FBN Capital Limited, FCMB
Capital Markets... Details...
NSE INDEX - NSE Lost N313bn Foreign Investments in 2011 - Onyema..
Thu 26 Jan 2012
- Culled from The PunchThe
Nigerian capital market lost foreign investments worth over N313bn in the year
2011.This,
according to the Nigerian Stock Exchange, was due to the various challenges
that rocked the global economy during the year.... Details...
NSE INDEX - NSE Index Rises as Bulls Return..
Thu 26 Jan 2012
- Culled from ThisdayThe Nigerian Stock Exchange (NSE) All-share Index
appreciated by 0.13 per cent   Wednesday  as the bulls returned
after five days of  consistent bear run.The market had been sliding since last week''s Wednesday,
losing N... Details...
AFRICAN ALLIANCE - Its Technical Suspension Lifted..
Wed 25 Jan 2012
The Nigerian Stock Exchange today lifted the
suspension on African alliance Insurance... Details...
OASIS INSURANCE - Adds Additional 1,500,000,000 Ordinary Share of 50 kobo..
Wed 25 Jan 2012
The Nigerian Stock Exchange today added 1,500,000,000.00
ordinary shares of Oasis Insurance Plc of 50 kobo, at N 0.50 per share in the official
list of the exchange ,as a special placing.... Details...
INTERNATNAL BREW - Announces First Quarter Forecast to March 2012..
Wed 25 Jan 2012
International
Breweries Plc has announced a first year forecast of 3.004 billion Naira and a
Profit After Tax of 423.380 million Naira for the period ending 31st
March 2012.... Details...
P.Z INDUSTRIES - Announces Second Quarter Result to November 2011..
Wed 25 Jan 2012
P.Z Industries Plc has released a second quarter result
for the period ended 30th November 2011 which the Turnover was
32.348 billion Naira and improved by 21 % when compared with 26.776 billion
Naira for the previous period. However the Profit Af... Details...
IPWA PLC - Announces Third Quarter Result to December 2011..
Wed 25 Jan 2012
IPWA Plc has released a third quarter result for
the period ended 30th September 2011 which the Turnover was 241.070
million Naira and fell by 13 % when compared with 276.060 million Naira for the
previous period. Similarly the Loss After Tax was... Details...
AFRICAN ALLIANCE - Announces Full Year Result to December 2011..
Wed 25 Jan 2012
African Alliance Insurance Plc has released a full
year result for the period ended 31st December 2011 which the
Turnover was 1.368 billion Naira and improved by 24 % when compared with 1.106
billion Naira for the previous period. Similarly the Lo... Details...
VONO PRODUCTS - Announces First Quarter Forecast to March 2012..
Wed 25 Jan 2012
Vono Products
Plc has announced a first year forecast of 420.00 million Naira and a Profit
After Tax of 19.59 million Naira for the period ending 31st March 2012.... Details...
WAPIC - Announces First Quarter Forecast to March 2012..
Wed 25 Jan 2012
International
Wapic Insurance Plc has announced a first year forecast of 2.548 billion Naira
and a Profit After Tax of 457.71 million Naira for the period ending 31st
March 2012.... Details...
UNION BANK - SEC Okays Union its Rights Issue Extension..
Wed 25 Jan 2012
- Culled from The Nation The
Union Bank Rights Issue, which ended on January 20, has been extended by 21
days. It will now end on February 10, the Securities and Exchange Commission
(SEC) has said.In a statement the Head, Corporate Affairs D... Details...
NSE INDEX - Passage of PIB 'll Boost Capital Market Activities - Onyema..
Wed 25 Jan 2012
- Culled from Businessday NewsQuick
passage of the revised Petroleum Information Bill is expected to attract more
investments, thus boosting activities in the Nigerian capital market.The
Chief Executive Officer of the Nigerian Stock Exchange... Details...
LAFARGE WAPCO - To Invest 150m Euro in R&D Annually..
Wed 25 Jan 2012
- Culled from Businessday News Lafarge Group a
foremost manufacturer of cement in the world has over the years aimed at
strengthening its position as a world leader in building materials with
strategic priorities in technology innovation esp... Details...
P.Z INDUSTRIES - Nigeria Crisis may Affect its Performance..
Wed 25 Jan 2012
- Culled from The PunchBritish
soap maker, PZ Cussons,has warned that it is likely to report disappointing
full year profits, citing political upheaval in Nigeria, challenging trading
conditions in Australia and high raw materials costs as r... Details...
NSE INDEX - More Firms Present Proposed Turnover, Profit to NSE..
Wed 25 Jan 2012
- Culled from The GuardianFor the fourth
quarter ending March 31, 2012, Flour Mills of Nigeria Plc has concluded plans
to realise a turnover of N50.9 billion and profit after tax of N2.5 billion.Also, Sovereign Trust
Insurance Plc in its rep... Details...
NSE INDEX - NSE's Market Capitalisation Slides further by N26bn..
Wed 25 Jan 2012
- Culled from The GuardianTransactions on the
Nigeria Stock Exchange (NSE) continued its downturn yesterday, as highly
capitalised companies depreciated in price, resulting to a further slide in
market capitalisation by N26 billion.Yesterday... Details...
NSE INDEX - Long-term Funds: Convertible Shares to The Rescue..
Wed 25 Jan 2012
- Culled from Thisday 
Eromosele Abiodun writes that  if well managed,  the trend of issuing
corporate bonds or convertible shares by quoted companies will give investors
the assurance of a fixed rate of return and  the opportunity for capit... Details...
NSE INDEX - Bond Market and Infrastructural Financing..
Wed 25 Jan 2012
- Culled from ThisdayGovernments have found the bond market a good
avenue to raise funds to finance infrastructure, writes Eromosele Abiodun.
The Nigerian bond market has never been so appreciated or patronized like we
have seen in the last... Details...
NSE INDEX - Experts Predict 14% Growth for All-share Index in 2012..
Wed 25 Jan 2012
- Culled from ThisdayAll things being equal, the benchmark All-share
Index or ASI of the Nigerian Stock Exchange (NSE) will hit 23,500.63 points or
14 per cent over December 31, 2011 levels by end-2012, underpinned by
attractive valuation fo... Details...
NSE INDEX - Market-making: NSE May Begin with Ten Stockbroking Firms..
Wed 25 Jan 2012
- Culled from ThisdayStrong indications have emerged that the Nigerian
Stock Exchange (NSE) would soon give licenses to 10 of its dealing firms 
to act as market makers as part of efforts to  improve liquidity in the
market.THISDAY checks re... Details...
UNION BANK - Its Recapitalisation on Course..
Tue 24 Jan 2012
- Culled from The Guardian
/**/
The Union Bank of
Nigeria Plc''s recapitalisation process may have been boosted by the Appeal
Court''s dismissal of the suit filed by some aggrieved shareholders,
challenging the authority of the Central Ban... Details...
NSE INDEX - Index Dips further as Four Stocks Gain..
Tue 24 Jan 2012
- Culled from The PunchAt
the close of activities on Monday, equity trading on the Nigerian Stock
Exchange closed on a negative note with indicators dropping marginally.The
NSE''s All-Share Index fell by 0.7 per cent or 136.86 basis points t... Details...
NSE INDEX - FG to Auction N89.7 bn Bond..
Tue 24 Jan 2012
- Culled from The PunchThe
Federal Government has said that it will auction N89.75bn naira ($556.93m)
worth of 10-year sovereign bonds with different maturity dates on Wednesday at
its first monthly debt auction of the year.The
Debt Managem... Details...
SOVEREIGN TRUST- Announces First Quarter Forecast to March 2012..
Mon 23 Jan 2012
Sovereign Trust
Insurance Plc has announced a first year forecast of 1.893 billion Naira and a
Profit After Tax of 350.038 million Naira for the period ending 31st
March 2012.... Details...
CHAMS - Upbeat as Sales Push up Sales but … (2)..
Mon 23 Jan 2012
- Culled from Businessday NewsIn line with the drop
in borrowings, the company''s interest payments also dropped by N73 million to
N123 million in the third quarter.The good news is that
Chams was able to generate enough money to cover its i... Details...
GUARANTY ASSUR.- Emerges NSE's most Active Stock in Fourth Quarter of 2011..
Mon 23 Jan 2012
- Culled from The GuardianWith a transactions
volume of 6.92 billion shares valued at N12.12 billion, GT Assur Plc
emerged most active listed equity on the floor of the Nigerian Stock Exchange
(NSE), between October and December 2011.GT Assu... Details...
NSE INDEX - Market Capitalisation falls by N29bn..
Mon 23 Jan 2012
- Culled from The PunchEquity
trading activities on the Nigerian Stock Exchange closed the week on a negative
note as major market indicators dropped marginally.The
market capitalisation of the listed shares fell by 0.4 per cent or N29bn fro... Details...
FLOUR MILLS - Forecasts N2.5bn Profit..
Mon 23 Jan 2012
- Culled from The PunchFlour
Mills of Nigeria Plc has predicted that its profit after tax for the fourth
quarter ending March 31, 2012, will hit N2.5bn.In
a statement made available to the Nigerian Stock Exchange on Friday, the
company also... Details...
NSE INDEX - Be Cautious, Analysts Advise Investors..
Mon 23 Jan 2012
- Culled from The PunchInvestors
in the Nigerian capital market have been urged to seek experts'' advice and make
informed investment decision in the next few weeks.This
call was made by market analysts in view of the relative instability re... Details...
NSE INDEX - Equities market:Experts Fear low Participation by Foreign Investors..
Mon 23 Jan 2012
- Culled from The PunchFor
a long time, the equities section of the Nigerian capital market was driven by
huge patronage from foreign investors.Like
most other emerging markets in Africa, foreign investors saw the Nigerian
market as a ferti... Details...
NSE INDEX - CBN, SEC's Conflicting Regulatory Regimes Threaten Financial Sector..
Mon 23 Jan 2012
- Culled from The SunWith the coming to an end of the 2011 financial
year and the reform in the Nigerian financial system nearing conclusion,
financial analysts are worried that the regulators may be overlooking knotty
issues capable of ratt... Details...
NSE INDEX - Bear Run Persists at the Exchange..
Mon 23 Jan 2012
- Culled from ThisdayThe bearish trading persisted at the stock market
last Friday leading to further erosion in   equities value.The Nigerian Stock Exchange (NSE) All-share Index
went down by 0.44 per cent to close at 20,820.32, while the ma... Details...
UNION BANK - Targets N66.5bn Profit in Three Years..
Mon 23 Jan 2012
- Culled from ThisdayUnion Bank of Nigeria (UBN) Plc is hoping to post
N65.5 billion pre-tax profit in the  next three years, following efforts
to recapitalise the financial institution through the on-going Rights Issue.UBN is offering about... Details...
UNION BANK - Court Judgment Boosts Union its Recapitalisation..
Mon 23 Jan 2012
- Culled from ThisdayThe Union Bank of Nigeria Plc''s recapitalisation
process has received a further boost with the Appeal Court''s dismissal of the
suit filed by some aggrieved shareholders to stop it by challenging the
authority of the Ce... Details...
NSE INDEX - Equities Plunge on Rising Inter-bank Rates..
Mon 23 Jan 2012
- Culled from ThisdayThe Nigerian equities market reversed the modest
gains it recorded the previous week as investors shied away from equities
following rising inter-bank rates and inflationary pressure occasioned by the
recent increase in... Details...