Equity market gains 0.50% extending yesterdays positive rally.

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The equity market on Tuesday gained 2.45% extending yesterdays uptrend. Similarly, market breadth closed positive, recording 31 gainers against 17 losers. 
In summary, the All Share Index (ASI) gained 184.44 absolute points, representing a growth of 0.50% to close at 36,905.06 points. Similarly, the Market Capitalization shed N64.38billionrepresenting a gain of 0.50% to close at N12.72 trillion.
The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; WAPCO (+5.00%), GUINNESS (+4.99%), FLOURMILL (+4.29%), NB (+2.54%), STANBIC (+2.16%), ZENITH (+1.42%), DANGSUGAR (+1.27%), UBA (+0.91%), FO (+0.88%), OANDO (+0.64%), NESTLE (+0.14%) and GTB (+0.03%).
MARKET STATISTICS- August 02, 2017                                        YTD: +37.32%
 Cap (N)
12,720,170,132,022.32
One Day(ASI CHG)
 +0.50%
Index
36,905.06
One Week(ASI CHG)
 +3.86%
Volume
251,013,086
One Month(ASI CHG)
 +11.44%
Value (N)
3,777,413,275.38
Six Months(ASI CHG)
 +40.02%
Deals
4,047
52 Weeks(ASI CHG)
 +31.44%
Gainers
31                                
Losers
 17
Un-Changed
42                                  
Total                     
 90
Also, find in the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2017.
Foreign Exchange
The Naira at the inter-bank market closed at N305.60 against the US Dollar, recording a marginal appreciation of 0.33% against previuos close. The Investors and Exporters (I&E) FX window opened at N367.28 and closed at N368.50. A total of $712.03 million was transacted.
We expect the FX market to trade within existing range in the next session.
 
Money Market
OBB and O/N rates closed at an average of 19.67% and 20.17%, representing an uptrend from Tuesday’s closing position of 5.00% and  5.50% respectively.
We expect money market to trade within existing volatility in the next session. 
 
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Equity market gains 0.50% extending yesterdays positive rally. - Brand SpurEquity market gains 0.50% extending yesterdays positive rally. - Brand Spur

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Equity market gains 0.50% extending yesterdays positive rally. - Brand SpurEquity market gains 0.50% extending yesterdays positive rally. - Brand Spur

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- Advertisement -Equity market gains 0.50% extending yesterdays positive rally. - Brand SpurEquity market gains 0.50% extending yesterdays positive rally. - Brand Spur