1. TRUSTBANC CAPITAL
TRUSTBANC GROUP
Weekly Market Report for 02/10/2015
KAJOLA HOUSE
62/64 Campbell Street, 5th
Floor, Lagos
www.trustbancgroup.com
E-mail:info@trustbancgroup.com
Dear Valued Customer,
The equities market closed today on a negative note, as NSE ASI depreciated by 2.02% to close
at 30,588.41basis points, compared with the 1.27% appreciation recorded previously.
Its Year to Date (YTD) returns currently stands at 11.74%.
COPORATE NEWS UPDATE…
Nigerian Breweries Establishes N100 Billion Commercial Paper Programme:
Nigerian Breweries (NB) Plc. yesterday, established a N100 billion Commercial Paper (“CP”)
Programme. It represents the largest commercial paper programme to be established in Nigeria
by a (non-financial institution) corporate issuer since the 2009 guidelines on commercial
paper from the CBN.
Heritage Bank Will Sell Off Enterprise Subsidiaries:
With the acquisition of Enterprise Bank, the management of Heritage Bank Limited has said it
intends to sell off the subsidiaries of the bank which it bought off Assets Management
Company of Nigeria (AMCON).
Zamfara State Ordered To Settle Ecobank’s N3.1bn Facility:
Justice Okon Abang of a Federal High Court, Lagos, on Wednesday ordered Zamfara Government to
pay Ecobank Nigeria N3.1 billion it owed the bank.
The judge directed CBN, the Ministry of Finance and the Accountant-General of the Federation
to ensure that the sum was remitted into the bank’s coffers by deducting it from the monthly
allocations accruable to the state from the Federation Account.
FMDQ OTC Records N93.894tr Transactions In Nine Months:
FMDQ OTC Plc. which runs the platform for the secondary trading of fixed income securities
and currency, has continued to attract high patronage recording N93.894 trillion worth of
transactions from January to September 2015.
Jaiz Bank Gets National License:
CENTRAL Bank of Nigeria (CBN) has granted a national license to Jaiz Bank and a waiver on the
reduction of its liquidity ratio from 30 per cent to 10 per cent. The license will enable
Jaiz Bank operate in any part of the country.
Coca-Cola Bottler Equatorial Will Weigh Mergers in Nigeria, Others:
Equatorial Coca-Cola Bottling Co. is considering merging with several independent bottlers in
African countries, according to people with knowledge of the matter, marking the latest
consolidation of the companies that bottle the famed soda brand.
Equatorial Coca-Cola, which is owned by Spain’s Cobega Invest SL and based in Barcelona, may
merge with bottlers in African countries where it doesn’t currently operate to expand its
footprint on the continent, the people said, asking not to be identified because the
discussions are private.

2. Jonathan Spent N64b On Nigeria’s Independence Anniversaries – El-Rufai:
The Kaduna State Governor, Malam, Nasir El-Rufai, has said the regime of former President
Goodluck Jonathan spent not less than N64 billion celebrating Nigeria’s independent
anniversaries in four years. The years were 2011, 2012, 2013 and 2014.
GRAPHICAL ANALYSIS OF THE NSE ALL -SHARE -INDEX PERFORMANCE FOR THE WEEK:
SECTORIAL PERFORMANCES FOR THE WEEK:

3. 2015 N’ m % Change
Gross Earning 229,082 184,435 24.2%
PAT 53,180 47,445 11.9%
ANALYSIS OF THE MARKET PERFORMANCE FOR THE WEEK
SECTORIAL PERFORMANCE DURING THE WEEK UNDER REVIEW
29700
29800
29900
30000
30100
30200
ASI
ASI
700
710
720
730
740
750
760
Consumer Goods
Consumer
Goods

4. TOP GAINERS TOP LOSERS
Symbols Last
Close
Current Change Symbols Last
Close
Current Change
FO 248 259.8 11.8 NESTLE 869.99 830 -39.99
7UP 190 195.7 5.7 DANGCEM 179.99 171
TOTAL 150 154.9 4.9 NB 147 140 -7
FLOURMILL 22.21 22.8 0.59 GUINNESS 156.51 152 -4.51
ETI 18.55 19.1 0.55 PZ 26.2 25.39 -0.81
For any comment or further enquiries, call these numbers; 07052112345 & 08038524952.
Kindly look forward to the next edition.
Thank you.