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Home Business & Economy Equity Market sustains uptrend for the third day in a row.
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Equity Market sustains uptrend for the third day in a row.

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Brand Spur
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February 22, 2018
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    The Equity Market on Thursday gained 0.24%, sustaining uptrend for the third day in a row.  Similarly, market breadth closed positive, recording 24 gainers against 17 losers. 

    In summary, the All Share Index (ASI) gained 100.46 absolute points, representing a growth of 0.24% to close at 42,258.78 points. Similarly, the Market Capitalization gained N36.05 billion, representing a growth of 0.24% to close at N15.17 trillion.

    The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; TOTAL (+4.78%), UBA (+3.17%), FBNH (+3.14%), ACCESS (+1.57%), FLOURMILL (+1.38%), DANGFLOUR (+1.23%), ZENITHBANK (+0.79%), UBN (+0.74%), NESTLE (+0.58%), WAPCO (+0.49%) and ETI (+0.25%). 
    MARKET STATISTICS- February 22nd, 2018                                          YTD:+10.50%
    Cap (N)
    15,165,175,028,312.90
    One Day(ASI CHG)
       +0.24%
    Index
    42,258.78
    One Week(ASI CHG)
        -0.81%
    Volume
    342,100,783                           
    One Month(ASICHG)
        -5.91%
    Value (N)
    3,094,847,514.76
    Six Months(ASI CHG)
      +18.11%
    Deals
    4,943                                     
    52 Weeks(ASI CHG)
      +70.18%
    Gainers
    24
    Losers 17
    Un-Changed
    58
    Total   99

    Kindly find the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2018.

    Read Also:  African Governments urged to integrate statistics and geospatial information for sustainable development
    Foreign Exchange
    The Naira at the inter-bank closed at N306.50 against Yesterday’s closing price. The Investors and Exporters (I&E) FX window opened at N360.06, traded high at N361.30 and eventually closed at N360.66, representing a 0.07% depreciation against Yesterday’s closing price. A total of $195.23 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 9.83% and 10.17%, representing a 2.17% and 3.08% depreciation against Yesterday’s closing position. 
    We expect the money market to trade within existing range in the next session.

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    • TAGS
    • All Share Index
    • ASI
    • equity market
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