Equity Market gains 0.01% to escape into positive territory.

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The equity market on Thursday gained 0.01%, reversing downtrend to enter positive territory.However, market breadth closed negative, recording 19 gainers against 20 losers. 
 
In summary, the All Share Index (ASI) gained 4.13 absolute points, representing a growth of 0.01% to close at 36,645.65 points. Similarly, the Market Capitalization gained N1.43 billionrepresenting a growth of 0.01% to close at N12.61 trillion.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; FIDSON (+4.97%), GLAXOSMITH (+3.67%), CADBURY (+2.94%), STANBIC (+2.55%), DANGSUGAR (+1.12%), ETERNA (+0.29%), DANGFLOUR (+0.15%) and NESTLE (+0.02%).

MARKET STATISTICS- October 19, 2017                                              YTD:+36.36%
 Cap (N)
12,614,047,589,580.44
One Day(ASI CHG)
 +0.01%
Index
36,645.65
One Week(ASI CHG)
 -0.24%
Volume
140,876,989          
One Month(ASI CHG)
 +5.16%
Value (N)
1,722,705,827.68
Six Months(ASI CHG)
 +44.44%
Deals
4,159       
52 Weeks(ASI CHG)
 +32.28%
Gainers
19
Losers
 20
Un-Changed
54
Total
 93
Also, find in the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2017.
Foreign Exchange
The Naira at the inter-bank (official) market closed flat at N305.60 against the US Dollar. The Investors and Exporters (I&E) FX window opened at N359.75, traded high at N361.70 and eventually closed at N360.30, representing an appreciation of 0.01%. A total of $326.03million 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  21.67% and 23.33%, representing a 0.83% and 0.42% uptrend from previous closing positions respectively.

We expect money market to trade within existing range in the next session.
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Equity Market gains 0.01% to escape into positive territory.Equity Market gains 0.01% to escape into positive territory.

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Equity Market gains 0.01% to escape into positive territory.Equity Market gains 0.01% to escape into positive territory.

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- Advertisement -Equity Market gains 0.01% to escape into positive territory.Equity Market gains 0.01% to escape into positive territory.