₦airaland Forum

The Equity Market today gained 1.57%, reversing Monday’s downtrend. The upturn was due to gains in Dangote Cement and 10 others. Market breadth closed negative, recording 11 gainers against 25 losers. 

In summary, the All Share Index (ASI) grew by 542.68 absolute points, representing an increase of 1.57%, closing at 35,206.16 points. Similarly, the Market Capitalization grew by N198.12 billion, representing an increase of 1.57%, closing at N12.85 trillion.

The Upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; DANGCEM (+6.98%), DANGFLOUR (+6.49%), OANDO (+5.26%), GUARANTY (+2.30%), UCAP (+1.42%), HONEYFLOUR (+0.68%) and FBNH (+0.52%).

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.10 against Monday’s closing price.

The Investors and Exporters (I&E) FX window opened at N362.12, traded high at N364.00 and eventually closed at N362.60 representing 0.03% depreciation against Monday’s closing price. A total of $167.78 million was transacted through the I&E window today.

We expect the FX Market to trade within an existing range in the next session.

MONEY MARKET

Overnight (O/N) rate closed at 7.75%, representing a 1.83% depreciation against Monday’sclosing position, while Open Buy-Back (OBB) rate closed at 6.83% representing a 2.00% depreciation against Monday’s closing position.

We expect the Money Market to trade within an existing range in the next session.



SOURCE: https://brandspurng.com/dangote-cement-10-others-push-equity-market-upwards-posts-1-57-loss/

Politically rich man.
If you know you know.

We go get dia

Afonjas, oyah come worship your masters oh!

Please does anybody have an idea on how binary options work?

Run from it or get scammed

hollajay:
Please does anybody have an idea on how binary options work?

see as thread dry

Themaths:
Run from it or get scammed

Binary isnt a scam dumbarrse. Its like forex

One would look at how this thread hit frontpage and has less than 2k views.

Yet would blame seun and the supermods for moving celebrity topics to front page everytime

Ugosample:
see as thread dry

Even after getting to front page.
E no pass page1

4601CE:
Even after getting to front page. E no pass page1

na so the thing be o
tells you a lot about the quality of audience here