The Equity Market on Thursday sustained upward trend, gaining 0.33%. Similarly, market breadth closed positive, recording 30 gainers against 28 losers.
In summary, the All Share Index (ASI) gained 139.93 points, representing a growth of 0.33% to close at 43,092.63 points. Similarly, the Market Capitalization gained N50.27 billion, representing a growth of 0.33% to close at N15.48 trillion.
The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; UNILEVER (+7.49%), STANBIC (+5.00%), FBNH(+4.87%), GUARANTY (+2.94%), FLOURMILL (+2.78%), GUINNESS (+1.43%), ASSESS (+0.78%) and NB (+0.72%).
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MARKET STATISTICS- March 8th, 2018 YTD: +12.68%
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Cap (N)
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15,480,885,214,391.31
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One Day(ASI CHG)
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+0.33%
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Index
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43,092.63
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One Week(ASI CHG)
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+0.58%
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Volume
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574,806,211
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One Month(ASICHG)
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-0.54%
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Value (N)
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3,393,922,510.58
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Six Months(ASI CHG)
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+20.76%
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Deals
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4,340
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52 Weeks(ASI CHG)
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+72.68%
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Gainers
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30 |
Losers
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28 |
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Un-Changed
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58
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Total
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111
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Kindly find the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2018.
kindly be informed that all trades in Unic Diversified Holdings Plc, that matched at prices outside the price band for today (N0.18 – N0.20) are considered invalid and therefore will be cancelled. All inconveniences are regretted.
Foreign Exchange
The Naira at the inter-bank remained unchanged at N305.80 against Yesterday’s closing price. The Investors and Exporters (I&E) FX window opened at N359.94, traded high at N361.00 and eventually closed at N360.26 representing 0.02% depreciation against yesterday’s closing price. A total of $120.43 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 9.50% and 10.25%, representing a 1.83% and 2.25% depreciation against yesterday’s closing position respectively.
We expect the money market to trade within existing range in the next session.