Equity & Money Market Summary: Equity Market sheds 0.29% to reversing yesterdays gain. 

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The equity market on Thursday shed 0.29%, reversing yesterdays uptrend.Similarly, market breadth closed negative, recording 19 gainers against 27 losers. 
 
In summary, the All Share Index (ASI) shed 105.37 absolute points, representing a decline of 0.29% to close at 36,517.48 points. The Market Capitalization gained N36.47 billionrepresenting a decline of 0.29% to close at N12.64 trillion.

The Downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FO (-5.00%), INTBREW (-4.99%), PZ (-4.17%), NB (-3.73%), GUARANTY (-0.71%), UBA (-0.64%) and MOBIL (-0.26%).

MARKET STATISTICS- October 26, 2017                                              YTD:+35.88%
 Cap (N)
12,638,592,329,812.08
One Day(ASI CHG)
 -0.29%
Index
36,517.48
One Week(ASI CHG)
 -0.35%
Volume
356,807,814              
One Month(ASI CHG)
 +4.48%
Value (N)
4,224,335,648.51
Six Months(ASI CHG)
 +44.44%
Deals
4,384       
52 Weeks(ASI CHG)
 +32.28%
Gainers
19
Losers
 27
Un-Changed
46
Total
  92
Also, find in the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2017. 
Foreign Exchange
The Naira at the inter-bank (official) market closed at N305.75 against the US Dollar, representing 0.02% depreciation against previous close.  The Investors and Exporters (I&E) FX window opened at N359.65, traded high at N362.00 and eventually closed atN360.40, representing a marginal depreciation of 0.01%. A total of $150.33 million was transacted through the I&E window.  
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  16.50% and 18.58%, representing 80.17% and 82.42% downtrend from previous closing positions respectively.
We expect the money market rates to further drop lower considering the existing liquidity in the system.  
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