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DYNAMIC PORTFOLIO LIMITED CAPITAL MARKET & RESEARCH UNIT (MEMBER OF THE NIGERIAN STOCK EXCHANGE) PENT HOUSE, 20 CAMPBELL STREET, LAGOS 08055550606, 08053248917, 08023160752 Equity Market Review- 28 June 2017 Trading activities decreased in volume as N386.24 million shares worth N3,303.34 billion in 4,372 deals exchanged hands today, as against N417.57 million shares worth N3,246.56 billion in 5,456 deals carried Friday. Topping in volume terms, United Bank for Africa Plc, Wema Bank Plc and Transnational Corporation of Nigeria Plc while Guaranty Trust Bank Plc and United Bank for Africa Plc ended trading as the most active stocks in value. The All Share Index appreciated by 1.67% from 32,122.14 to 32,657.30 Market Capitalization also increased to N11.29 trillion from N11.11 trillion the previous day. A total number of 26 Stocks gained while 21 Stocks declined, leaving 68 Stocks unchanged. Nestle Nigeria Plc emerged the toast of investors as it topped the gainers' chart with 1.11% to close at N910.00 per share. It was followed by Dangote Cement Plc with N4.40 to close at N200.00 .Others on the gainers list include; Nigerian Breweries Plc, Forte Oil Plc and Guaranty Trust Bank Plc. On the Decliners' list, Okomu Oil Palm Plc with 4.99% to close at N58.49 per share. It was followed by Unilever Nigeria Plc with 4.98% to close at N40.85 per share. Others on the decliners list include, Julius Berger Nigeria Plc, Nascon Allied Industries Plc and May and Baker Nigeria Plc. Table 1: Equity Market Snapshot Current 28/06/2017 Previous 23/06/2017 Absolute Change NSE All share Index 32,657.30 32,122.14 535.16 Market Cap 11,292.99 11,107.93 185.06 386.24 417.57 Value (NM) 3,303.34 3,246.56 56.78 1.75 Deals % Change 1.67 Volume(MN) - 1.67 -7.50 31.33 4,372.00 5,456.00 - 1,084.00 -19.87 No. of Gainers 26.00 21.00 5.00 23.81 36.36 No. of Decliners 21.00 33.00 Current 23/06/2017 Previous 22/06/2017 Absolute Change N N N NESTLE NIGERIA PLC 910.00 900.01 9.99 1.11 DANGOTE CEMENT PLC 200.00 195.60 4.40 2.25 NIGERIAN BREWERIES PLC 154.53 151.90 2.63 1.73 FORTE OIL PLC 52.54 50.04 2.50 5.00 GUARANTY TRUST BANK PLC 36.00 34.50 1.50 DYNAMIC PORTFOLIO LIMITED 4.35 - 12.00 Table 2: Top 5 Price Gainers Stock 1 % Change CAPITAL MARKET & RESEARCH UNIT (MEMBER OF THE NIGERIAN STOCK EXCHANGE) PENT HOUSE, 20 CAMPBELL STREET, LAGOS 08055550606, 08053248917, 08023160752 Table 3: Top 5 Price Decliners Stock Current 23/06/2017 Previous 22/06/2017 Absolute Change N N N % Change OKOMU OIL PALM PLC 58.49 61.56 - 3.07 -4.99 UNILEVER NIGERIA PLC 40.85 42.99 - 2.14 -4.98 JULIUS BERGER NIGERIA PLC 39.45 41.52 - 2.07 -4.99 NASCON ALLIED INDUSTRIES PLC 8.87 9.33 - 0.46 -4.93 MAY AND BAKER NIGERIA PLC 4.51 4.74 - 0.23 -4.85 Table 4: Most Traded Stocks by Volume and Value Company Volume Value(N) UNITED BANK FOR AFRICA PLC 87,112,453 762,084,739.35 WEMA BANK PLC TRANSNATIONAL CORPORATION OF NIGERIA PLC 51,888,439 28,542,739.68 37,411,594 54,427,136.04 GUARANTY TRUST BANK PLC 26,632,140 953,936,553.83 FCMB GROUP PLC 25,059,928 30,507,249.84 RECOMMENDED STOCKS CURRENT PRICE N36.00 N 9.10 N 200.00 N 9.00 N 20.58 GUARANTY TRUST BANK PLC ACCESS BANK PLC DANGOTE CEMENT PLC UNITED BANK FOR AFRICA PLC ZENITH INT'L BANK PLC Disclaimer This report is prepared by the Capital Market and Research Unit of Dynamic Portfolio Ltd as a guideline for clients that intend to invest in stocks on the basis of their own investment decision without completely relying on the information contained herein. The report has been carefully prepared, no responsibility or liability whatsoever is accepted by Dynamic Portfolio Ltd for omission of facts and any consequential loss arising from the use of this report. 2