Market Turnover

Month	Deals ('000)	Volume Traded (Billion)	Value (Billion N)
April	62085	11,413,600,256.0	27,482,900,480
May	88004	7,855,000,064.0	47,209,299,968
June	100895	7,712,470,016.0	77,606,404,096
Total	250,984	26,981,070,336.00	152,298,604,544

A turnover of 26.98 billion shares worth N152.30 billion in 250.9 thousand deals was recorded during the second quarter of the year 2016.
The Volume traded on the NSE in April was 11.41 billion which later decreased to 7.86 billion in May and further decreased to 7.7 billion in June. (See chart above).

Month	MARKET CAP.	% CHANGE	INDEX	% CHANGE
April	8,773,963,777,031.79 - 8,621,005,069,253.83	-1.74 %	25,507.09 - 25,062.41	-1.74 %
May	8,897,252,800,610.51 - 9,500,897,098,944.71	6.78 %	25,865.50 - 27,663.16	6.95 %
June	9,242,303,024,132.51 - 10,165,342,294,541.00	9.99 %	26,910.23 - 29,597.79	9.99 %

In April, Market capitalization and index decreased by 1.74%, it increased in May by 6.78% and increased in June by 9.99%.

Top Traders

Security	Volumn
WEMABANK	7,339,995,764
UBA	2,399,084,175
FBNH	2,299,733,562
ACCESS	1,716,502,894
ZENITHBANK	1,615,758,814

Top Gainers

Security	Price (N)	Change
NESTLE	850.00	150.00
TOTAL	190.00	36.18
NB	138.00	31.61
SEPLAT	330.00	30.00
DANGCEM	192.00	21.00

Top Losers

Security	Price (N)	Change
FO	190.34	-102.89
7UP	142.00	-12.00
MRS	34.71	-12.47
CAP	34.68	-3.82
WAPCO	73.51	-3.00

New Listing/Listed Companies/Delisted Companies

Half Year Index Review

Following the completion of the Mid-Year Review of the NSE indices (NSE 30 and the sectorial Indices), below are the NAMES of the Incoming and Outgoing companies. Kindly note that we had 124 Trading Days during the review period of December 29, 2015 and June 24, 2016.

Index	Incoming	Exiting
NSE - 30 Index	UACN Plc	Glaxo Smithkline Consumer (Nig) Plc
NSE Consumer Goods	No Change	No Change
NSE Banking Index	No Change	No Change
NSE Insurance Index	No Change	No Change
NSE Industrial Index	DN Meyer Plc	Avon Crowncaps & Cointainers Plc
NSE Oil/Gas Index	No Change	No Change
NSE Lotus Islamic Index	No Change	No Change

Supplementry Listing

The table below shows the companies which added to their respective outstanding shares on the floor of the Exchange either as supplementary or new issues

Company	Volume	Type of Issue
TRANSCORP	40,657,047,297	BONUS ISSUE
FORTISMFB	2,286,757,668	SPECIAL PLACING
VITAFOAM	1,042,370,053	MERGER
	0
	0
	0

Corporate Actions

The table below shows the list of companies that have declared dividend/ bonus for the year 2016.

	Company	Dividend Paid	Bonus
1	7UP	₦ 1.60	NIL
2	ABC TRANSPORT	₦ 0.02	NIL
3	ACCESS BANK	₦ 0.30	NIL
4	AFRIPRUD	₦ 0.43	NIL
5	AFRILAND	₦ 0.40	NIL
6	A.G. LEVENTIS	₦ 0.10	NIL
7	AIICO INSURANCE PLC	₦ 0.05	NIL
8	ALEX	₦ 0.08	NIL
9	ASHAKACEM	₦ 0.15	NIL
10	AXAMANSARD	₦ 0.02	NIL
11	BERGER PAINT	₦ 0.75	NIL
12	BETA GLASS	₦ 0.40	NIL
13	BOCGAS	₦ 0.05	NIL
14	CADBURY	₦ 0.65	NIL
15	CAP	₦ 1.20	NIL
16	CCNN	₦ 0.10	NIL
17	CSCS PLC	₦ 0.26	NIL
18	C & I LEASING	₦ 0.04	NIL
19	CONTINSURE	₦ 0.12	NIL
20	CUSTODYINS	₦ 0.14	NIL
21	DANGCEM	₦ 8.00	NIL
22	DANGSUGAR	₦ 0.50	NIL
23	ETRANZACT	₦ 0.10	NIL
24	ETI	₦ 0.00	NIL
25	ETERNA OIL	₦ 0.25	NIL
26	FBNH	₦ 0.15	NIL
27	FCMB GROUP PLC	₦ 0.10	NIL
28	FIDELITY BANK	₦ 0.16	NIL
29	FIDSON	₦ 0.05	NIL
30	FO	₦ 3.45	NIL
31	FORTIS	₦ 0.00	1 FOR 1
32	GLAXOSMITH	₦ 0.30	NIL
33	GTB	₦ 1.52	NIL
34	GREIF NIGERIA PLC	₦ 0.60	NIL
35	CONSOLIDATED HALLMARK INSURANCE PLC	₦ 0.01	NIL
36	INFINITY	₦ 0.03	NIL
37	INTBREW	₦ 0.35	NIL
38	JBERGER	₦ 1.50	NIL
39	MAY&BAKER	₦ 0.06	NIL
40	MCNICHOLAS	₦ 0.05	1 FOR 10
41	MOBIL	₦ 7.20	NIL
42	MRS	₦ 1.10	NIL
43	NPF MICROFINANCE BANK	₦ 0.15	NIL
44	NAHCO	₦ 0.20	NIL
45	NASCON	₦ 0.55	NIL
46	NESTLE	₦ 19.00	NIL
47	NEM	₦ 0.00	NIL
48	NB	₦ 3.60	NIL
49	NIGER DELTA EXPLORATION AND PRODUCTION PLC	₦ 2.00	NIL
50	NIGER INSURANCE PLC	₦ 3.50	NIL
51	OKOMUOIL	₦ 0.10	NIL
52	PAINTS AND COATINGS	₦ 0.05	NIL
53	PRESCO PLC	₦ 1.00	NIL
54	REGENCY ALLIANCE	₦ 0.03	NIL
55	SEPLAT	₦ 0.00	NIL
56	STERLING BANK	₦ 0.09	NIL
57	TRANSNATIONWIDE EXPRESS	₦ 0.10	NIL
58	TRANSCORP	₦ 0.00	1 FOR 20
59	TRANSCORP HOTELS	₦ 0.40	NIL
60	TOTAL	₦ 12.00	NIL
61	UACN	₦ 1.00	NIL
62	UBA	₦ 0.40	NIL
63	UBCAP	₦ 0.35	NIL
64	UNILEVER	₦ 0.05	NIL
65	VITAFOAM PLC	₦ 0.25	NIL
66	WAPIC INSURANCE PLC	₦ 0.03	NIL
67	WAPCO	₦ 3.00	NIL
68	ZENITH BANK	₦ 1.55	NIL

Sectoral Performance

	Sector	Deals	Volume
1	FINANCIAL	154,216	23,555,541,155
2	CONGLOMERATE	11,816	1,422,397,498
3	CONSUMERGOODS	38,226	809,384,738
4	OIL AND GAS	20,757	391,048,396
5	AGRICULTURE	3,652	221,617,228
6	SERVICES	3,865	174,766,017
7	HEALTHCARE	4,155	150,525,464
8	INDUSTRIAL	11,615	137,824,669
9	CONSTRUCTION	1,769	35,272,586
10	ICT	363	18,631,059
11	NATURAL RESOURCES	151	6,515,899

87% of the total market turnover was occupied by the FINANCIAL sector which traded 23,555,541,155 volume in 154,216 deals, 5% by the CONGLOMERATE sector which traded 1,422,397,498 volume in 11,816 deals, 3% by the CONSUMERGOODS sector which traded 809,384,738 volume in 38,226 deals, also 1% by the OILANDGAS sector which traded 391,048,396 volume in 20,757 deals and the remaining 3% was occupied by OTHER sectors as shown in the chart;

20 Most Capitalized Companies

	Company	Quality on Issue (Billion)	Market Capitalization (Billion)
1	DANGCEM	17.04	3,271.68
2	NB	7.93	1,094.34
3	GUARANTY	29.43	684.54
4	NESTLE	0.79	671.50
5	ZENITHBANK	31.40	495.18
6	WAPCO	4.55	334.47
7	ETI	15.95	255.20
8	FO	1.30	247.44
9	SEPLAT	0.55	181.50
10	GUINNESS	1.51	164.97
11	STANBIC	10.00	162.00
12	UBA	1.55	155.01
13	FBNH	35.90	139.65
14	ACCESS	22.88	131.56
15	UNILEVER	3.78	124.74
16	7UP	0.64	90.88
17	UBN	16.94	86.39
18	OANDO	12.03	78.20
19	TRANSCORP	38.72	68.53
20	FLOURMILL	2.62	59.24

Stock(s) to Watch

Signet Investments & Securities Ltd. (Member of The Nigerian Stock Exchange) SIGNET HOUSE, No. 8 Ola Ayinde Street Off Mobolaji Bank Anthony/Toyin Street, Ikeja, Lagos State, Nigeria. TEL: +234 8178618007, 08026452448, 08116333411, Email: [email protected], WEBSITE: www.signetng.com