030512: All-Share Index firms up by +0.84%; ZENITHBANK grows PAT by 26%

The bulls dominated market activities for the second session in a row just as bargain hunting continued to outweigh sell pressure amid increased volume turnover while Naira votes dropped slightly amid depressing market breadth with market YTD performance currently standing at +8.72%.

More so, Zenith Bank Plc declared its Q1 2012 result today with N72bn gross earning in Q1 2012 as against N54bn in Q1 2011 representing 33.4% growth while its PAT stood at N19.2bn in Q1 2012 as against N15bn in Q1 2011 representing 26% growth rate.

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