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Daily Market Updates

190412: Market sentiments remain unchanged; GTBank grows PAT by +34% in Q1 ‘12

Trading activities on the Nigerian bourse sustained uptrend for the third session in a row as the bulls continue to consolidate their grip on the market amid low volume turnover and moderately improved Naira Votes while market breadth closed considerably impressive as against previous position.

Nevertheless, the key benchmark indices sustained uptrend as sentiments remained unchanged, taking supports majorly from Large CAP stocks which were particularly driven by FIRSTBANK while Medium CAP stocks also contributed to the outlook recorded today due to continuous bargain activities witnessed in Conglomerates, Consumer Goods, Financial Services and Oil & Gas sectors.

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Corporate Earnings

GUARANTY declares N19.3b PAT in Q1 '12 result,(SP:N14.68k)

UBA declares N13.8b PAT in Q1 '12 result,(SP:N2.68k)

MRS OIL PLC declares 70 kobo dividend in '11 Audited result,(SP:N35.00k)

AFRPAINTS declares N50.2m loss in '11 Audited result,(SP:N2.86k)

Capital Market

Deepening the Nigerian Capital for Liquidity

NSE places Union Bank, Wema, Oando and 70 others on Non-Compliance List

NSE takes on NASDAQ OMX Trading Platform, Opens New Era for NCM

Regulators

Public Notice on E-Public Offerings/Dematerialization

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Reports

First Quarter 2012 IFRS Results - UBA Plc

Group Financial Statement for the Year Ended 31st December 2011- UBA Plc

Full Year and First Quarter 2012 Quick Fact- UBA Plc

Public Investment Corporation (PIC) to Invest $250m in Ecobank

FGN offers One New Issue and Two Re-opening Bonds for Subscription

Full Year 2011 and First Quarter 2012 Results' Press Release – UBA Plc

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