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%).
MARKET STATISTICS- March 8th, 2018 YTD: +12.68% | |||
Cap (N) | 15,480,885,214,391.31 | One Day(ASI CHG) | +0.33% |
Index | 43,092.63 | One Week(ASI CHG) | +0.58% |
Volume | 574,806,211 | One Month(ASICHG) | -0.54% |
Value (N) | 3,393,922,510.58 | Six Months(ASI CHG) | +20.76% |
Deals | 4,340 | 52 Weeks(ASI CHG) | +72.68% |
Gainers | 30 | Losers | 28 |
Un-Changed | 58 | Total | 111 |
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.