A turnover of 2.5 billion shares worth N26.8 billion in 50,466 deals was recorded this week, in contrast to a Total of 2.2 billion shares valued at N28.44 billion exchanged last week in 48,445 deals. There were no Transactions in Federal Government Development Stocks, State Government Bonds and Industrial Loans /Preference Stocks sectors. The Banking subsector was the most active during the week (measured by turnover volume), with 1.3 billion shares worth N16.1 billion exchanged by Investors in 26,171 deals. Volume in the Banking subsector was largely driven by activity in the shares of Fidelity Bank PLC , Afribank Nigeria PLC , Wema Bank PLC and First City Monument Bank PLC . Trading in the shares of the four banks accounted for 685.01 million shares, representing 53.4% of the subsector’s turnover. As in the preceding week, the Insurance subsector, boosted by activity in the shares of Cornerstone Insurance PLC and Lasaco Assurance PLC followed on the week’s activity chart with a turnover of 490.6 million shares valued at N1.2 billion in 4,726 deals. Price Movement: The All -Share Index Rose by 1.9% to close on Friday at 41,103.81, while the market capitalization of the 203 listed equities closed higher at N5.82 trillion. Seventy - Three (73) stocks appreciated in Price during the week, higher than the sixty-four (64) in the preceding week. Mobil Oil Nig . PLC led on the gainers’ table with a gain of N10.99 to close at N193.00 per share while ECOBANK Transnational Incorporated followed with N6.71 to close at N151.62 per share . Other Price gainers in the Top 10 category include: • Nigerian Aviation Handling Co. PLC - N6.06 • RT Briscoe PLC - N5.52 • African Petroleum PLC - N5.00 • Total Nigeria PLC - N4.99 • Guaranty Trust Bank PLC - N4.94 • Zenith Bank PLC - N4.26 • Cement Co. of Northern Nig . PLC - N3.38 • Union Dicon Salt PLC - N3.18 Thirty - Four (34) stocks depreciated in Price during the week, lower than the forty-four (44) in the preceding week. Nestle Nigeria PLC led on the week’s Price losers’ table, dropping by N21.29 to close at N325.00 while Flour Mills Nig . PLC followed with a loss of N6.52 to close at N71.99 per share . Other Price losers in the Top 10 category include: • Ashaka Cement PLC - N3.11 • Guinness Nigeria PLC - N2.15 • Oando PLC - N2.10 • Nigerian Breweries PLC - N2.00 • Cap PLC - N1.89 • UACN PLC - N1.56 • PZ Industries PLC - N1.42 • Nampak Nigeria PLC - N1.41 …New Listing A Total of 10 billion shares of N0.50 each were admitted to the Daily Official List in the name of Dangote Sugar REFINERY PLC at N18.00 per share on 8th March 2007. By this action, the number of listed Companies and Securities increased to 203 and 291 respectively. …Supplementary Listings A Total of 2,127,908,648 shares were added to the shares outstanding in the name of National Salt Company of Nigeria PLC at a Price of N5.00 per share following the Placing of the shares in favour of Dangote Industries PLC . Also, a Total of 29,125,000 shares were added to the shares outstanding in the name of Thomas Wyatt Nigeria PLC following the Placing of the shares in favour of Moorehouse Management Limited . The technical suspension on the two Stock prices was subsequently lifted. Technical Suspension Eterna Oil & Gas PLC was placed on Technical Suspension on the receipt of application for a Rights Issue. COMPANY NEWS RT Briscoe (NIG) PLC : Audited results for the year ended 31st December 2006 show a turnover of N13.2 billion as against N7.73 billion in 2005. Profit after tax stood at N531.8 million compared with N199.7 million in 2005. The directors Are recommending a dividend of N0.50 per share and bonus of 1 for 4. The date of closure of register of members is 19th March 2007, while payment date is27th April 2007. VITAFOAM Nigeria PLC : Unaudited results for the First quarter ended 31st December 2006 show Turnover of N1.3 billion, as against N936.42 million in the comparable period of 2005.Profit after tax stood at N90.3 million compared with profit after tax and extra-ordinary items of N123.7 million in 2005. REPORT ON THE OTC MARKET FOR FGN BONDS A turnover of 21.6 million units worth N23.6 billion in 46 deals was recorded this week, in contrast to a Total of 20.14 million units valued at N22.34 billion exchanged in 25 deals during the week ended March 1, 2007. In 3 deals, the most active bond (measured by turnover volume) was the 4th FGN Bond 2012 Series 2 with a traded volume of 6.5 million units valued at N6.8 billion.