Daily Financial Markets Report for January 10, 2022Yahya Abdulrahman
NGX All Share Index closes on a Positive note… ASI gains 10 Basis Points
The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.10% to close at 43,897.13. Market Capitalization
increased by 23.007 billion to close at N23.65 trillion while the Year-to-Date (YtD)
returns settled at 2.76%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to gains recorded in large and
mid-cap stocks in Banking, Industrial and Consumer Goods. Some of today’s market
gainers include BUAFOODS (9.96%), MRS (9.72%), PZ (8.53%), AIICO (7.69%), UCAP
(4.15%), DANGCEM (4.00%), VITAFOAM (3.70%), UBA (3.13%), STERLNBANK
(1.95%), FIDELITYBK (1.59%), HONYFLOUR (1.45%), MAYBAKER (1.43%), FBNH
(1.27%), WAPCO (0.97%), STANBIC (0.81%) and ETI (0.58%) amongst others
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.68% to close at 751.14. Consequently, Market
Capitalization closed at 636.05 billion. Market activity measured by aggregate
volume increased by 21,937.60% while value increased by 19,848.83%. Investors
traded a total of 442,515 units of shares valued at N10.31 million in 20 deals.
please find here our Daily Financial Market update for today, January 10, 2021