NIGERIAN MARKET RESEARCH REPORTS

Dear Valued Client,

The Nigerian Stock Market opened the week on a negative note today with the All Share Index depreciating by 0.12% to close at 28,078.30 basis points on Monday May 22, 2017 compared with the appreciation of 0.04% recorded previously. Its Year To Date (YTD) returns stands at +4.48%. The number of gainers increased from 21 to 28 stocks at the close of business today, while the number of losers decreased from 22 to 18 stocks within the same period.

Kindly see summary below.

Most Active Stocks

S/N	Stock	Volume
1	DIAMOND	36,887,362
2	ZENITH	29,887,681
3	GUARANTY	22,138,455
4	UBA	21,907,037
5	FBNH	15,526,364

Top gainers

S/N	Stock	Previous Close/	Current Close	% GAIN
1	DANFLOUR	4.08	4.34	+6.37%
2	CCNN	4.60	4.83	+5.00%
3	PZ	18.00	18.90	+5.00%
4	VITAFOAM	2.30	2.41	+4.78%
5	LAWUNION	0.84	0.88	+4.76%

Top Losers

S/N	Stock	Previous Close	Current Close	% LOSS
1	ETI	9.80	9.31	-5.00%
2	CADBURY	10.65	10.12	-4.98%
3	NEM	1.03	0.98	-4.85%
4	HONYFLOUR	1.27	1.21	-4.72%
5	REDSTAR	4.41	4.21	-4.54%