The Equity Market on Thursday gained 1.03% sustaining yesterday’s gain. Similarly, market breadth closed positive, recording 29 gainers against 24 losers.
In summary, the All Share Index (ASI) gained 432.60 absolute points, representing a growth of 1.03% to close at 42,604.40 points. Similarly, the Market Capitalization gained N155.25 billion, representing a growth of 1.03% to close at N15.29 trillion.
The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; FBNH (+8.23%), DANGSUGAR (+4.76%), UBA (+4.22%), DANGFLOUR (+2.52%), ACCESS (+2.38%), STANBIC (+2.22%), GUARANTY (+1.97%), WAPCO (+1.96%), NB (+1.86%), ETI (+1.78%), DANGCEM (+0.58%), ZENITHBANK (+0.48%), FLOURMILL (+0.31%) and SEPLAT (+0.01%).
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MARKET STATISTICS- February 15th, 2018 YTD:+11.40%
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Cap (N)
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15,289,205,192,852.15
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One Day(ASI CHG)
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+1.03%
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Index
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42,604.40
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One Week(ASI CHG)
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-1.67%
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Volume
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615,179,806
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One Month(ASICHG)
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-1.19%
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Value (N)
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6,275,058,295.89
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Six Months(ASI CHG)
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+13.07%
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Deals
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5,904
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52 Weeks(ASI CHG)
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+70.32%
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Gainers
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29 |
Losers
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24 |
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Un-Changed
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62
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Total 115
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Kindly find the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2018.
Foreign Exchange
The Naira at the inter-bank (official) closed at N305.95 representing a 0.02% appreciation against Yesterday’s closing price. The Investors and Exporters (I&E) FX window opened at N360.00, traded high at N361.50 and eventually closed at N360.13, representing a 0.07% appreciation against Yesterday’s closing price. A total of $169.16 million was transacted through the I&E window today.
We expect the FX market to trade within existing range in the next session.
Money Market
OBB and O/N rates closed at 6.67% and 6.92%, representing a 2.00% and 2.08% depreciation against Yesterday’s closing position.
We expect the money market to trade within existing range in the next session.
