Equity market gains 1.88%, extending yesterdays uptrend

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

FG, States, LGAs share N528.39bn FAAC allocation in Jan 2021

The Federation Account Allocation Committee (FAAC) disbursed the sum of N619.34bn to the three tiers of government in December...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...
- Advertisement -
The Nigerian equity market on Thursday gained 1.88% extending uptrend to two trading sessions. Similarly, market breadth closed positive recording 37 gainers against 14 losers.  
In summary, the All Share Index (ASI) gained 612.54 absolute points, representing a growth of 1.88% to close at 33,269.84 points. Similarly, the Market Capitalization gained N211.82 billion, representing a growth of 1.88% to close at N11.50 trillion.
The Upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; UBA (+5.22%), STANBIC (+4.98%), ACCESS (+4.95%), FCMB(+4.92%), FBNH (+4.91%), OANDO (+4.87%), WAPCO (+2.88%), NB (+2.71%), DANGCEM(+2.49%), ZENITH (+1.55%), 7UP (+1.11%), SEPLAT (+1.09%), MOBIL (+0.81%) and FO (+0.30%) .      
MARKET STATISTICS- June 29, 2017                                      YTD: +23.80%
 Cap (N)
11,504,805,211,935.95
One Day(ASI CHG)
 +1.88%
Index
33,269.84
One Week(ASI CHG)
 +1.04%
Volume
439,229,389
One Month(ASI CHG)
 +14.14%
Value (N)
4,806,056,346.79
Six Months(ASI CHG)
 +21.28%
Deals
4,594    
52 Weeks(ASI CHG)
 +3.38%
Gainers
37
Losers  
 14
Un-Changed
60
Total                         
111
Read Also:  DAILY MARKET REPORT: FIXED INCOME, MONEY MARKET AND FX - JUNE 19 2017
Also, find in the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2017.

Foreign Exchange
The Naira at the inter-bank market remained flat at N305.90 against the US Dollar. The Investors and Exporters (I&E) FX window opened at N367.19 and closed at N368.00.
We expect the FX market to trade within the current range in the next session.
 
Money Market
OBB and Overnight rates closed at an average of 4.00% and 4.58% respectively, representing a downtrend of 55.56% and 50.91% from Wednesday’s closing position of 9.00%  and 9.33%.
We expect money market to trade within the existing range in the next session.
Read Also:  GTBank Sponsors Nigeria’s Kid Inventors To Global Innovation Challenge
- Advertisement -
Equity market gains 1.88%, extending yesterdays uptrend - Brand SpurEquity market gains 1.88%, extending yesterdays uptrend - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Equity market gains 1.88%, extending yesterdays uptrend - Brand SpurEquity market gains 1.88%, extending yesterdays uptrend - Brand Spur

Latest News

Syngenta, WACOT Partner To Boost Nigeria’s Food Security

WACOT Limited, one of Africa’s leading food and agro-processing companies, has partnered with a global agritech company, Syngenta. This would...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Equity market gains 1.88%, extending yesterdays uptrend - Brand SpurEquity market gains 1.88%, extending yesterdays uptrend - Brand Spur