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Sentiment Analysis Report – W/E June 08, 2012

Analysis of the market activity in the week ended June 08, 2012technically revealead an increase in pessimistic trading and growing sell tendency in the investors’ trading pattern as against weak market optimism and continued sell tendencyobserved in the previous week’s performance. 

Digging deeper, we discovered a strong reversal mode as the falling trend garned momemtum in the week, plunging futher the ASI below the 21,000 pyschological line driving by the growing sell tendency on top of increased market volatility. 



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Daily Market Updates

080612: NSE Index dips by -4.83% in the week; closes below 21,000 psychological lines.

Unrelenting sell pressure continued to permeate trading activities on the Nigerian bourse as market closed the week southwards for the fifth consecutive session due to negative outlook witnessed in all trading days of the week while International Energy Insurance Plc announced its share reconstruction exercise with 1 for 5 reverse split.

More so, NSE ASI closed below 21,000 psychological lines on the last trading day of the week while market YTD performance currently stands at +0.83%.

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CMA announces Executive Development Programmes in Association with Proshare

The Capital Markets Academy is pleased to announce a suite of Executive Development Programmes to be held in Lagos in 2012, in association with Proshare Nigeria.

Delivered by leading international experts and featuring guest speakers from the Nigerian Financial Community, these interactive programmes have been specifically designed to

Facilitate greater understanding of the key products within the Nigerian Capital Markets today

· Equip staff with practical learning they can apply immediately in their roles

· Enable attendees to benefit from a highly interactive learning approach


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