Equity Market reverses downtrend to gain 0.22%.

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The equity market on Thursday gained 0.22%, reversing two days previous downtrend.Similarly, market breadth closed positive, recording 30 gainers against 13 losers. 
 
In summary, the All Share Index (ASI) gained 79.42 absolute points, representing a growth of 0.22% to close at 36,732.24 points. Similarly, the Market Capitalization gained N27.34 billion, representing a growth of 0.22% to close at N12.64 trillion.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; MANSARD (+6.49%), STANBIC (+2.85%), FO (+2.04%), FLOURMILLS (+1.75%), DANGSUGAR (+1.47%),UNILEVER (+1.15%) NASCON (+0.69%), NB (+0.66%), NESTLE (0.56%), FBNH (+0.33%), UBA (+0.22%), ACCESS (+0.21%) and ZENITHBNK (+0.04%).

MARKET STATISTICS- October 12, 2017                                              YTD:+36.68%
 Cap (N)
12,643,851,816,096.94
One Day(ASI CHG)
 +0.22%
Index
36,732.2
One Week(ASI CHG)
 +2.68%
Volume
443,675,396     
One Month(ASI CHG)
 +3.77%
Value (N)
3,175,587,926.82
Six Months(ASI CHG)
 +41.02%
Deals
2,993   
52 Weeks(ASI CHG)
 +29.57%
Gainers
30
Losers
 13
Un-Changed
56
Total
99
Also, find in the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2017.
 
Please, note that the 67th Annual General Meeting of Cappa and D’Alberto Plc will be held at the Muson Center, Onikan, Lagos on Wednesday, 18th October, 2017 at 11.00 a.m.
Foreign Exchange
The Naira at the inter-bank (official) market closed flat at N305.55 against the US Dollar. The Investors and Exporters (I&E) FX window opened at N360.13, traded high at N362.00 and eventually closed at N360.52, representing a depreciation of 0.05%. A total of $252.56 million was transacted.
We expect the FX market to trade within existing range in the next session.
Money Market
OBB and O/N rates closed at an average of  25.50% and 25.92%, representing a 19.17% and 18.42% downtrend from previous closing positions respectively. 
We expect money market to trade within the existing range in the next session.

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