The Equity Market on Friday ended the week in the green and also extending yesterday’s gain. However, market breadth closed negative, recording 9 gainers against 30 losers.
In summary, the All Share Index (ASI) gained 34.43 absolute points, representing a growth of 0.08% to close at 42,638.83 points. Similarly, the Market Capitalization gained N12.35 billion, representing a growth of 0.08% to close at N15.30 trillion.
The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; NASCON (+5.00%), NESTLE (+4.09%), CADBURY (+2.03%), ZENITHBANK (+1.11%) and INTBREW (+0.43%).
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MARKET STATISTICS- February 16th, 2018 YTD:+11.49%
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Cap (N)
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15,301,561,900,061.64
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One Day(ASI CHG)
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+0.08%
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Index
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42,638.83
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One Week(ASI CHG)
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-1.13%
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Volume
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815,854,788
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One Month(ASICHG)
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-3.21%
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Value (N)
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8,063,447,876.60
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Six Months(ASI CHG)
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+18.11%
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Deals
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4,808
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52 Weeks(ASI CHG)
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+70.18%
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Gainers
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9 |
Losers
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30 |
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Un-Changed
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74
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Total
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113
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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 remained unchanged at N305.95 against Yesterday’s closing price. The Investors and Exporters (I&E) FX window opened at N360.06, traded high at N361.50 and eventually closed at N360.36, representing a 0.06% appreciation against Yesterday’s closing price. A total of $177.15 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 18.17% and 19.50%, representing a 11.50% and 12.58% appreciation against Yesterday’s closing position.
We expect the money market to trade within existing range in the next session.