The equity market on Wednesday gained 3.40% to continue uptrend and extend bullish-run to fifteen consecutive trading sessions. Similarly, market breadth closed positive, recording 31 gainers and 17 losers.
In summary, the All Share Index (ASI) gained 1207.77 absolute points, representing a gain of 3.40% to close at 36,740.77 points. Similarly, the Market Capitalization gained N416.36 billion, representing a growth of 3.40% to close at N12.66 trillion.
The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; PRESCO (+6.95%),
ZENITH (+6.67%),
OKOMU (5.46%),
NB (+5.00%),
ETI (+5.00%),
GTB (+4.99%),
FLOURMILLS (+4.99%),
STANBIC (+4.98%),
DANGCEM (+4.93%),
TOTAL (+4.28%)
WAPCO (+0.02%) .


Foreign Exchange
The Naira at the inter-bank market closed at N305.70 against the US Dollar representing a marginal appreciation against previous close. The Investors and Exporters (I&E) FX window opened at N367.75 and closed at N368.60. A total of $182.03 million was transacted.
We expect the FX market to trade within existing range in the next session.

Money Market
OBB and Overnight rates closed at an average of 15.17% and 16.00% respectively, representing an downtrend from Tuesday’s closing position of 18.33% and 19.17%.
We expect money market to trade with existing volatility in the next session.


Also, find in the ‘link’ Corporate Benefits & Relevant Dates reported thus far in 2017 below :

https://brandspurng.com/equity-market-posts-3-40-gain-extending-bullish-run/