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%).
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MARKET STATISTICS- February 22nd, 2018 YTD:+10.50%
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Cap (N)
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15,165,175,028,312.90
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One Day(ASI CHG)
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+0.24%
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Index
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42,258.78
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One Week(ASI CHG)
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-0.81%
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Volume
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342,100,783
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One Month(ASICHG)
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-5.91%
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Value (N)
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3,094,847,514.76
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Six Months(ASI CHG)
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+18.11%
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Deals
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4,943
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52 Weeks(ASI CHG)
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+70.18%
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Gainers
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24 |
Losers 17
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Un-Changed
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58
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Total 99
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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 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.